Tyson Scheutze
No More Market Cycle Mirages
30 January 2024 | 1 reply
Natalie, new to town and job searches, had notified her fiancé at the time of the precise coordinates of her interview with me, in case I turned out to be “some sketchy Craigslist guy.”
Michael Norwood
$20K Monthly Cash Flow - The Challenge is On! Seeking Your Guidance
30 January 2024 | 68 replies
Thank you for sharing your expertise and helping us chart a path toward financial freedom through real estate.Excited to learn from the best!
Virnisha Pastore
Mastering the BRRRR Investment Strategy: A Comprehensive Guide
29 January 2024 | 2 replies
By educating yourself, assembling a strong team, and executing each phase with precision, you can leverage this strategy to maximize your returns and create a sustainable, thriving portfolio.
Antonio Signorelli
Are mortgage delinquency rates going to increase in 2024?
29 January 2024 | 2 replies
Specifically on whether the high interest rates will lead to an increase in mortgage delinquency rates similar to what we saw during the 2008 great financial crisis.I plotted the chart below (Figure 1) to compare Fed Funds rate to unemployment rate and mortgage delinquency rate.
G. Brian Davis
What’s your favorite real estate crowdfunding platform for investing?
28 January 2024 | 3 replies
I ask because I keep a comparison chart of real estate crowdfunding investments, and I’m constantly on the lookout for new and innovative platforms that I haven’t investigated yet.
Amy Lin
506B apartment complex syndication advice needed
30 January 2024 | 24 replies
Please ask to see the organization chart they are submitting to Fannie/Freddie.
Zachary Stanley
Do some people just have "it". Whatever "it" is...
29 January 2024 | 29 replies
Some have the mentality and not the experience and others when they get the experience get the mentality. precisely
Audrey Davis
Scope of Work (Help obtaining online bids)
25 January 2024 | 5 replies
We've done this before; however, I would like to me more precise with these numbers than in the past.
Jeremy Porter
Mastering Rental Property Finances: A Property Manager's Guide to Expense Tracking
26 January 2024 | 1 reply
This guide outlines key strategies and best practices for property managers to master expense tracking.Establish a Comprehensive Chart of Accounts:Develop a detailed chart of accounts tailored to your property management needs.Categorize expenses into specific accounts (e.g., maintenance, utilities, property management fees) for clarity and organization.Utilize Digital Expense Tracking Tools:Implement specialized property management software to streamline expense tracking.Leverage cloud-based platforms for real-time access to financial data and collaboration with stakeholders.Capture and Document All Expenses:Develop a systematic process for capturing and documenting all property-related expenses.Keep digital or physical receipts organized and easily accessible for auditing and reporting purposes.Implement a Purchase Order System:Introduce a purchase order system to authorize and track expenditures.Ensure that all expenses align with budgetary constraints and are pre-approved to avoid surprises.Regularly Reconcile Bank Statements:Reconcile bank statements monthly to verify that recorded expenses match actual transactions.Promptly address any discrepancies and investigate the root causes to maintain financial accuracy.Track Capital Expenses vs.
Tony Crabtree
Changing the locks?
26 January 2024 | 26 replies
My locksmith has my key chart and I simply have him rekey the cylinders after each turnover.