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25 January 2025 | 12 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.
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16 January 2025 | 21 replies
Quote from @Josh Bowser: Gang - I love the back in forth on this thread and looks like this post keeps getting responses!
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21 January 2025 | 6 replies
Should tenant fail to response, you would request a default judgment and under the proposed facts it would be granted in all likelihood.
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16 January 2025 | 10 replies
If either you or the investors are not highly experienced, this system is very very difficult to slow the first couple flips profitable.
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16 January 2025 | 12 replies
Slow down to go faster.Many blessings to you!
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22 January 2025 | 7 replies
The canceling tenant remains responsible for rent, utilities, and other charges until a replacement takes over.
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9 February 2025 | 32 replies
This response is based on info I have been given on my flips etc.
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20 January 2025 | 242 replies
GP's going dark on the LP's, no response to communications etc.
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14 January 2025 | 4 replies
Here’s a breakdown of the key elements you should include in your subcontractor agreement:Subcontractor’s Information:Full legal name of the subcontractor or company.Contact details (address, phone, email, etc.).Project Information:Internal Project ID or Purchase Order Number (if applicable).Project address.Clear identification of the specific scope they’re responsible for (e.g., electrical, plumbing).Project Timeline:Start Date: For the portion of work they are completing.Completion Date: Set realistic deadlines for their tasks, adjusted to your overall project schedule.Liquidated Damages:Specify a daily amount to be deducted from their final payment if they fail to meet deadlines (with exceptions for factors beyond their control, like severe weather).
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1 February 2025 | 4 replies
But, more commonly, they bring in the capital, maybe do a site visit before closing, and ultimately just forward an investor email to the main operator, then forward the response to the investor.