Jay Hinrichs
Clayton Morris Portugal exit !
25 November 2024 | 31 replies
wheels of justice grind slowly in some cases. some cases when perpetrator pleads out they can get right to their prison sentence very quickly within 6 months or so.
Griffin Malcolm
Are Solar Panels Worth It?
5 December 2024 | 34 replies
I do track the progress of savings/expenditure and hope to someday see a savings someday.
Shane Moore
New Investor looking to make connections
22 November 2024 | 10 replies
I can tell you're already on the right track with your goals and strategy.
Jerry Zhang
Negotiating EMD with Seller
20 November 2024 | 6 replies
One approach is to emphasize your reliability and track record, showing that a lower EMD doesn’t impact your ability to close deals successfully.
Saad D.
What parts of your processes and tasks are automated?
20 November 2024 | 18 replies
It offers features like Automated rent collection (Tenants can set up auto-pay) and you can receive payments directly into your account without any manual tracking.
Julio Gonzalez
Real Estate Professional Status
19 November 2024 | 0 replies
However, these are the ones most commonly used:Five-of-Ten-Year Test: You must have materially participated in the activity for any five of the past ten years.500-Hour Test: You must have materially participated in the activity or activities for 500 hours in the current tax year.Step 3: Calculation your participation hoursEnsure you are tracking your participation hours.
Chris Lee
Mixing MTR and STR, and value of having a direct booking website
19 November 2024 | 1 reply
That’ll give you flexibility to automate and integrate workflows as your needs evolve.A direct booking site is a nice-to-have down the line if you want to save on platform fees and build a brand, but starting with platforms like Furnished Finder or VRBO is a solid way to keep things simple while you’re getting started.Good luck—sounds like you’re on the right track!
Ilija Sladojevic
JV and sharing my properties that are under contract with someone else.
19 November 2024 | 5 replies
If the wholesaler was established, had a track record and you can vet them that's different.
Heidi Fahringer
Interview Questions for Prospective REI Accountant
19 November 2024 | 8 replies
Books are important to maintain because it keeps track of the performance of the partnership not only for one year but over several years.Partners normally have the right to inspect the books.Will the accountant you work with either maintain the books for you or help you make sure its done correctly?
Robert Frazier
Looking to learn. How have you scaled flipping with financing and systems?
19 November 2024 | 4 replies
Once you have a track record of success, they'll fund you for multiple projects at the same time.