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28 December 2024 | 23 replies
Very few people have reached financial independence...and others that have reached it that keep working do it for personal satisfaction.Incidentally, most of us consider real estate, done properly, to be lower risk than the stock market, which is why we invest in it.
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30 December 2024 | 7 replies
Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.
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19 December 2024 | 8 replies
It offers monthly accounting reports, online payment options, website creation ability, maintenance requests (filtered by property), advertising, online tenant screening, lease creations and tenant/property match functionalities.
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17 December 2024 | 17 replies
These softwares have a lot of functionality, but honestly there is a steep learning curve and the functionality is probably overkill for most rehabbers.FlipperForce - Web-based House Flipping Software built specifically for flipping & rehabbing houses w/ Estimating, Gantt Scheduling, Task Management & Budget ManagementGeneric Project Management SoftwaresThere are nearly an infinite amount of potential generic Project Management softwares available that provide powerful functionality for managing project schedules, tasks & documents.
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31 December 2024 | 418 replies
-Proper SEC guidelines/filings were not followed to raise capital from a large group of unaccredited investors.
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28 December 2024 | 19 replies
Make sure to include proper disclaimers.
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24 December 2024 | 5 replies
So, proper screening is EXTREMELY important!
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23 December 2024 | 6 replies
The specialist I recommend you have is an attorney to properly draft the documents and a title company to facilitate the deal.
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23 December 2024 | 4 replies
Quote from @NA L Harrison: It is irresponsible of you to take in animals you can't properly house.
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30 December 2024 | 819 replies
You have to properly vet and perform thorough due diligence (which I didn't do a couple years ago when I first jumped in).