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30 December 2024 | 6 replies
If you operate under an LLC or other business structure, are there tax implications or requirements I should be aware of when paying myself?
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31 December 2024 | 418 replies
Same thing with Clayton Morris and any other well known operator really.
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24 December 2024 | 25 replies
Build a local team for cleaning and repairs to streamline operations.
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12 January 2025 | 23 replies
While I don't believe that you need a full blown business plan, strict operational budget, timeline, scrum board, etc...
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31 December 2024 | 13 replies
Investor focused realtors & Property managers are going to be your biggest asset since they'll be finding your deals & managing the day to day operations for you.
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29 December 2024 | 8 replies
In my opinion, the best agents, appraisers, home inspectors, contractors, lenders will utilize AI as a complement towards their existing businesses to spur greater growth and operational efficiencies.
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25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
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7 January 2025 | 20 replies
If you do decide to work with them, you could set up a clear partnership where they’re equity partners and you handle the management and operations.
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12 January 2025 | 20 replies
Look into contacting some builders that operate larger scale in your area.
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29 December 2024 | 5 replies
But I’d be amiss if I did not suggest that instead you gain knowledge of the aforementioned 3 foundation by studying for a real estate agent/broker license, and then seek employment with REITs, real estate operating companies, real estate managers, or real estate brokers.