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19 February 2025 | 5 replies
It could be owning multiple single-family homes, an apartment complex, or both.
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7 February 2025 | 2 replies
They see a renewal of the current business tax rates, regulation and permitting rules getting slashed, tax code being simplified, and federal deficits on a one-way ticket down the elevator (which are a longterm drag on economic productivity).Just look at the growth in tax code complexity over the last 20 years.
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7 February 2025 | 4 replies
I reached out to another GC, and he said the same.The project itself isn’t complex, but I planned to redo the wiring, plumbing, and remove some walls.
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20 February 2025 | 5 replies
They offer great advice on handling these situations, including tips on dealing with the sheriff and eviction procedure, as well as navigating money judgment collection.In terms of whether you should hire a lawyer or manage it yourself, it depends on the complexity of your specific case and your comfort level with the process.
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20 February 2025 | 18 replies
Quote from @Cari Sweet: Overall, I agree with Kevin.
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17 February 2025 | 5 replies
The percentage depends on factors like project complexity, timeline, and contractor availability.
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14 February 2025 | 4 replies
We’re currently using it for multi-family properties in a few core markets.While redIQ is a much more sophisticated tool that focuses on properties with over 50 units, our system is perfect for properties up to 50 units, providing an efficient solution for managing lead intake and financial analysis without the complexity of larger systems.Here’s how it works:Lead Intake & Processing: Automatically processes broker emails and key documents (OMs, Rent Rolls, T12s, etc.).Quick Review: Evaluates leads based on key metrics like IRR, price per unit, and more.Detailed Analysis: Extracts data from documents, evaluates financials, and identifies additional income sources.Market Research Integration: Automates checks on flood zones, demographics, school quality, etc.Deal Tracking: Uses Google Sheets to visually organize lead data—while not a full database system, it provides a simple and efficient way to store and track deals without the need for a full-fledged database like MongoDB.Financial Analysis: Built-in underwriting and financial modeling with automated reports.In addition to ZCG, I also own a portfolio of properties.
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12 February 2025 | 20 replies
For bigger, more complex projects, it’s better for our business to wholesale them to other investors.
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9 February 2025 | 8 replies
This approach is cost-efficient and eliminates the complexities of dual-state filings.
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4 February 2025 | 10 replies
.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.