Magdalene Leon
Looking for advice on backflip lender
23 January 2025 | 22 replies
I am always happy to chat about hard money - and I am biased, but I think I am an excellent communicator!
Srikanth Kumar
neighbourhoods to focus in cleveland for multifamilies
27 January 2025 | 27 replies
Give The Ultimate Guide to Grading Cleveland Neighborhoods a read to see which neighborhoods fit your appetite for risk.
Kevin Brown
Best Accounting Software
29 January 2025 | 7 replies
Stessa is an excellent, user-friendly platform for tracking income and expenses for investors.
Jonathan B.
STR Depreciation/Bonus Depreciation Question
24 January 2025 | 11 replies
I have seen a few apps mentioned, but I prefer to use excel and log everything that way.
Damien Davis
Build to Rent
31 January 2025 | 7 replies
CT isn't cheap so if you plan on doing it there you are going to surprised at how poorly you do. maybe in the suburbs I'm not sure but as much as I know people call us from CT and everyone is rich and has lots of money and things are expensive out there. build to rent is a great model. we build 3 story walk up infill and keep it to the residential side. 3 units is the most units before it's commercial and you need engineering, etc. check comparable and things liek that. we came up with this design a year ago and we sold 10 if you want to talk further please DM me happy to connect. there are some great build to rent conferences. we went vertical not horizontal with it to save on build costs and design to fit on any infill lot. this fits on a 3500 square foot lot. most lots in our area are 30x120 or 30x150. in miami where I live now they are 50x100 or so. but any infill lot we can pretty much get this one on. there are some great build to rent conferences coming up too that if you like this topic I'd recommend attending I'm sure you'd learn a lot.
Daniel Windingstad
Lemon or no?
24 January 2025 | 8 replies
That will help you garner a better picture on if holding this property longer is a fit for you.
Nicholas A.
How many realtors to reach out to
27 January 2025 | 13 replies
Initially you can interview and find the one that fits your needs.
Salvatore Ross
Ideal Property to Manage
25 January 2025 | 8 replies
Never force the numbers—if they don’t add up, the property isn’t a good fit.
Justin R.
Who has moved from QBO to Rentastic (or other RE based software)
27 January 2025 | 17 replies
You likely only need to do the past 3 years worth for IRS purposes.You may want to see if there is a way to export transactions from QBO to excel and then import transactions from excel to Rentastic.- Unfamiliarity of software with my Bookkeeping and Accounting team.Altough not ideal, you may want to pay and do bookkeeping on both platforms for 3 months to see if you 100% want to make the switch.I still use Quickbooks, but the desktop version, it runs perfectly for all my bookkeeping needs.
Stepan Hedz
Unraveling the Potential of Phoenix's Distressed Property Market
27 January 2025 | 3 replies
Stay disciplined and avoid rushing into deals without thorough due diligence.Resources for InvestorsIf you’re new to investing in distressed properties or looking to expand your portfolio, consider leveraging resources like:Local Realtors: Realtors specializing in distressed properties can assist in locating off-market deals and navigating complex transactions.Community Forums: Attend a local investor meetup or join online forums for the Phoenix market.Educational Tools: Search out webinars, workshops, or courses on investing in distressed properties.Final ThoughtsThe distressed property market in Phoenix is creating some excellent potential for the right investors willing to go the extra mile necessary to take on strategic risks associated with this category of real estate.