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16 December 2024 | 35 replies
To debunk it, we're going straight to the source — the IRS.The IRS says to keep records for your business tax deductions indicating:What you boughtWhen you bought itHow much you spentAnd guess what?
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14 December 2024 | 9 replies
Hey @Trevor Scheumann, The biggest thing to look for when visiting a new potential market is going to be to network with boots on the ground, namely property managers, highly recommended realtors and maybe a few contractors if they come from trusted sources.
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15 December 2024 | 9 replies
I don’t have the budget to support but one lead source at a time.
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30 December 2024 | 89 replies
What was your financing source?
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10 December 2024 | 2 replies
Would it break fair housing laws to say we are not willing to work with the program since it's not a source of income and they pay on their behalf?
16 December 2024 | 20 replies
In some instances, it was difficult to locate the source of the high water bill, but ultimately, it was discovered that there was some leak on the premises.
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13 December 2024 | 3 replies
What water source is in that area?
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19 December 2024 | 82 replies
•Marketing Account: To fund deal sourcing campaigns.
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15 December 2024 | 12 replies
Either1) your startup takes off and you can distribute profit fast enough to pay off your debts, or2) you find another source of $100,000 a year (which barely even starts to pay down the $300k, but might provide a better chance for a better loan), or3) you BK and possibly lose the rental houses to creditors (hopefully not, but we don’t know how they are held), or 4) you sell the houses, take the tax hit, work with the IRS on a payment plan whose interest will be much lower than your CCs, and focus on the startup.
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12 December 2024 | 7 replies
But you have to be very creative and understand that if you're seeing deals from industry professionals (rather than sourcing them yourself), there's probably not enough meat left on the bone for a good opportunity to create value.Good luck!