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14 January 2025 | 28 replies
Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper for a couple hundred bucks per month.
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26 December 2024 | 21 replies
His bank was in a state like Indiana, while one of his companies is in Wyoming, and just all sorts of weird sketchy stuff that accumulated over the period working with him.
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17 January 2025 | 24 replies
Good luck getting this sorted, I hope it’s a smoother process from here on out!
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30 December 2024 | 1 reply
When wholesaling vacant residential land (city lots or larger residential parcel in rural areas) how long is the due diligence period?
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3 January 2025 | 7 replies
Success: Signing a deal with First WatchFailure: Bought a retail condo, not realizing the low ceilings were such a deal breaker for a lot of tenants.Pain: A lot of turnover this year, especially in light industrialAha moment: Mortgage note investing needs to be a larger part of my portfolio2025 Goals: Less Investing and more pickleball!
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19 January 2025 | 269 replies
We arrive in Portugal at the end of March and once we have got ourselves sorted I will see if we can get a few people around for a meet up.
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15 January 2025 | 24 replies
Have you considered diversifying into multiple smaller properties or going all-in on one larger property?
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31 December 2024 | 9 replies
Positive cash flow and low interest, i assume, long term loan is an enviable position that with time will produce larger cash flow.
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6 January 2025 | 25 replies
I'm not pondering should you or shouldn't ya, I think your more then capable of sorting that out for yourself, I'm just gonna stick to what stands out to me as best "how-to".
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30 December 2024 | 103 replies
We buy mostly almost move-in ready, less work and a larger basis for cost-seg.