12 June 2024 | 11 replies
People want to show you how great their business is going, what geniuses they are.
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11 June 2024 | 20 replies
If you need additional capital outside what a traditional bank or credit union would give you on the debt side, maybe start exploring higher leverage private credit / hard money options.
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12 June 2024 | 4 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.For tenant management, our Clients use Doorloop, Buildium, Appfolio, etc.
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12 June 2024 | 14 replies
I did so because at the time to purchase the property was about half the cost of renting, and there were no STR regulations in Curry County or really beyond..I recognized early that the regulations that quickly developed to restrict my BNB business in Los Angeles were likely to reach other areas and by being ahead of the curve, could own a long term vacation rental, in a land I wanted to be anyway, before there were rules that would prevent that goal.
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10 June 2024 | 1 reply
I am looking at the following deal:Address: 4116 Jason Rd, Spring Hill, FL 34608Asking Price: $650,000Property Type: Multi-Family | QuadPlexBedrooms and Bathrooms: 8 Beds and 8 Baths | 4 UnitsSquare Footage: 4,644 Sqft | 4 UnitsCurrent Monthly Rent: $5,525"This property comprises two fantastic duplexes built in 2007, which share a lot and feature a private screened-in pool.
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12 June 2024 | 7 replies
@Brandon JusticeIt sounds like you have a good business plan to move it forward into cash flow positive.
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10 June 2024 | 2 replies
I rented out 3 of the bedrooms (upstairs) and lived in the basement which had 2 of the bedrooms, a master bathroom, living room, and private garage access.
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12 June 2024 | 9 replies
If banks won't touch crypto, then you shouldn't bother accepting crypto for your business.
10 June 2024 | 7 replies
@Zach Bosson does this option also apply if the property was purchased using funds from a private lender?
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12 June 2024 | 17 replies
They are not close to being the same type of business.