William Harvey
Accounting for house flippers
10 September 2024 | 29 replies
(However, the software is geared towards smaller companies)(There are specialized softwares that larger companies use).Quickbooks can handle the accounting for a small business who does flips.In my opinion, you likely need to take a class on QuickBooks to properly and efficiently use the software.There are likely some schools nearby that will teach you quickbooks.The alternative is to out-source it to someone who is focused on the real estate accounting space.Best of luck.
Wayne Harden
I'm a Licensed RE Agent Specializing in Investment Properties
6 September 2024 | 2 replies
Is there a particular architectural style of house you prefer?
Mason Fast
Building a Small Multi-Family (2-4 units) to House Hack (Columbia, MO)
7 September 2024 | 3 replies
I have a friend who works for a well-renowned construction company in our town who has offered to be our general contractor at a discount (only charging us 8% vs. the standard 15%) and "teach me the ropes"/make the right introductions so that I can repeat this on my own in the future.
Alex Silang
Renovation/furnishing costs of an STR
8 September 2024 | 18 replies
I'll cosign @Andrew Steffens number though and I have ran furnishings either between $15-20 per square foot as a really rough ball park depending on location/style.
Stephen Setzer
Hello! New here, and looking to grow.
5 September 2024 | 11 replies
My wife and I opened a Chicago Style hot dog cart, and I reprised my handyman business I started prior to COVID.
Josh Cocker
UK Rental 3bd 2bth
5 September 2024 | 0 replies
Purchase price: $122,000 Cash invested: $31,000 *UK HOUSE* Purchased a 3 Bed 2 Bathroom Town House Style House in the UK from sellers who inherited the property, worked a very good purchase price in terms of value.
Brandon Morgan
Is a property manager necessary?
9 September 2024 | 21 replies
Since it's your first investment property, it can be a double edged sword since yes a PM can help you and be an expert voice but but if you don't know what you need or your management style yet, it might also not benefit you.Honestly, I'd try managing on your own for a while, and look up property managers in the area while you're at it.
Megha Mathur
DSCR Loans for Log Cabins
4 September 2024 | 2 replies
This is what I could find out from its listing:Type & styleHome type: SingleFamilyArchitectural style: Cabin,Log,Chalet,TraditionalProperty subtype: Residential, Cabin, Single Family ResidenceMaterialsStucco, Log, Block, Frame, Brick
James McGovern
Strategies for profiting off illegal immigration?
7 September 2024 | 19 replies
This would seem like a Section 8 style rental with no background check and a high risk tenant pool.
Cleomentes Powell
raw land investment
6 September 2024 | 13 replies
I personally am impressed by both Jack and Seth and I know the methods they teach work because several members of my group have had success with raw land investing using these methods as well as methods from the other programs available.