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17 October 2024 | 22 replies
Tbh, in today's market, folks want to have a personal connection or at least know the person behind the company so having a great social media presence will work as well.
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9 October 2024 | 2 replies
Hi All,I was hoping to get some perspective on how you have organized your businesses finances primarily when it comes to running a fix & flip business.Generally I'm wondering what account types I should have, and what their purpose should be.
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17 October 2024 | 20 replies
Challenge is, finding a PMC that meets your expectations and is organized well enough to consistently deliver.Read on for our copy & paste advice about screening PMCs:-----------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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14 October 2024 | 2 replies
Since 2020 we've been selling these units to individuals and organizations that may buy from 1 to 5-6 units each, but currently trying to expand our business.Given the interest rates for financing these types of structures and how much landlords are charging (for both short-term and long-term rentals), I found that the net income is way higher than the average mortgage payment, so basically it's free money.I've been thinking it'd be a good idea to partner up with a real estate developer to develop a mobile park.
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14 October 2024 | 3 replies
There's also a Landlords of Linn County professional organization you can join.
17 October 2024 | 15 replies
To prepare:Line Up a Cost Segregation Specialist: Reach out to a reputable firm now so they can review your property soon after purchase.Document Pre-Purchase Costs: Any fees or improvements related to acquisition should be organized for easier allocation.Tax Strategy Planning: Consult your CPA to align this with your overall real estate strategy and optimize benefits for 2025.This post does not create a CPA-Client relationship.
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14 October 2024 | 7 replies
Always posting to social media about how terrible our apartment was.
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14 October 2024 | 5 replies
I would like to know more about the role of zoning attorneys and the potential costs of involving them in organizing and submitting the proposal to the appropriate departments.
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11 October 2024 | 7 replies
I am willing to go so far as to say they intentionally are seeking investment sources who don't have the means or sophistication to conduct appropriate diligence.Sadly social media has made it far easier for these bad actor capital raisers to get in front of their target audience with ease.
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12 October 2024 | 2 replies
It sure seems like someone in the media world wants you to believe it.