Jan Neruh Kelsey
Recommendations on organizational tools/spreadsheets for rehabs/flips
16 August 2024 | 10 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.
Najeh Davenport
To restore pool or fill it in
15 August 2024 | 16 replies
Pools are cost efficient above 20 units, but under 20 it’s often better to just fill it.
Tucker Cummings
REI Reply - Too Good To Be True?
23 August 2024 | 181 replies
It's more than REI Reply but I find value in the speed and efficiency it gives me.
Daniel Kitt
Second position liens for investment properties.
14 August 2024 | 7 replies
@Yvette Rodriguez - please be advised that TX can do 2nds (I've done them before) but they are a fairly efficient state when it comes to non-judicial foreclosure.
James Mays
LLCs - Holding Companies - Scaling
15 August 2024 | 6 replies
If you are adamant this is how you will scale your business, I would overemphasize the importance of systems because the BS minutia operating real estate in these markets will be greater than in higher barrier markets where greater operational efficiencies exist.
Jeff Higgins
When selecting lending partners, what specific features do you prioritize?
13 August 2024 | 2 replies
Speed and flexibility tend to go with the ability to do deals well, but I think making sure that they are a lender comfortable and efficient doing the basics of the deal will help.
Julie Muse
Quick Turnaround Success: Profitable Flip in Houston!
12 August 2024 | 0 replies
This approach allowed us to act quickly and efficiently, ensuring that the deal was closed without delays and providing our partner, Lawrence Cosper, with the resources needed for the renovation and resale process.
Julie Muse
Sleepy Hollow Lane: A Swift and Profitable Turnaround
12 August 2024 | 0 replies
Partner Driven financed the Sleepy Hollow Ln deal by utilizing our internal capital resources, allowing for quick and efficient transaction execution.
Charlie Massey
proforma for Flex Industrial development
13 August 2024 | 4 replies
If you already have a preliminary site layout showing the size and quantity of buildings you can put on the lot, you should be able to take that work on some budget construction costs and from there work your possible rents into the equation to see if what you have drawn makes sense cost wise, or if there is a more efficient way to lay the site out and reduce costs.
Julie Muse
Strategic Renovation Yields Success: Turlock Triumph!
12 August 2024 | 0 replies
The renovations were completed efficiently, and we successfully sold the home for $270,000 on 01/10/2023.