
15 April 2024 | 2 replies
It includes everything from call management to analytics and monitoring.

15 April 2024 | 9 replies
.- It needed a community face lift and re-brand (was called windmill apartments....yuck.)We came in and strategically worked our business plan:- We upgraded the exterior including fresh paint, signage, and landscaping.- We removed delinquent tenants and changed the community standards around to provide a safe and clean place of living.- We've upgraded 75% of the units with fresh flooring, paint, cabinets, countertops, and appliances as needed.When we took over the property the 16 units were producing around $9000/month in gross rent.I just checked our rent roll today, and we just crossed $17,000 in gross income monthly!

14 April 2024 | 4 replies
Quick searches include terms like Joint Venture and Contractual Agreement.

15 April 2024 | 19 replies
He's here this weekend for actually two days: Friday p.m. from 3 to 6 he'll be talking about using QuickBooks in your REI business and Saturday from 9am to 5pm he'll be talking about building your entity structures for tax advantage, asset protection and estate planning, including how to pay your minor children without also having to pay SUTA, FUTA, FICA, etc. for them.I can't do this justice not being a legal / financial professional, but from what I remember, you DO NOT WANT to pay them out of an S-Corp or an LLC.

15 April 2024 | 5 replies
We have had success with 1 br units, including senior citizens.

15 April 2024 | 3 replies
I also like to "borrow" ideas and look at what amenities are most popular in that area so that I can include those amenities at my property.

16 April 2024 | 10 replies
You may be a volunteer/humanitarian, but that does not include your REI business. so point them towards some help and hold them to their lease agreement.All of my good faith would have gone out the window once they lied to me about stealing my check.

15 April 2024 | 9 replies
If not, better to get an easy one for the first one.....And don't worry too much about the interest rates. they are still pretty low (historically anyway, I won't even tell you what they were for my first house :-)The numbers just have to work, and they can work with even higher rates.....there are other variables, including the perceived high rates keeping a lot of your competitors out of the market.
18 April 2024 | 83 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

15 April 2024 | 5 replies
Almost everyone here on BP will tell you that they wish they had started earlier, myself included.4.