
16 January 2024 | 5 replies
Those loans are called DSCR , but there are many other loans tailored for investors.

19 January 2024 | 19 replies
BRRRR (Buy, Rehab, Rent, Refinance, Repeat) may be an effective capital recycling technique, but it needs a thorough awareness of the local market, remodelling costs, and financing options.3.

1 March 2017 | 78 replies
@Cary Ferguson Jr because a tailor makes clothes doesn't mean you can't learn to dress yourself.

7 January 2024 | 17 replies
Hearing different peoples perspective and tailoring that advice to what YOU understand, what YOU gravitate towards, and what fits YOUR lifestyle is best IMO.

26 January 2024 | 1 reply
This guide outlines key strategies and best practices for property managers to master expense tracking.Establish a Comprehensive Chart of Accounts:Develop a detailed chart of accounts tailored to your property management needs.Categorize expenses into specific accounts (e.g., maintenance, utilities, property management fees) for clarity and organization.Utilize Digital Expense Tracking Tools:Implement specialized property management software to streamline expense tracking.Leverage cloud-based platforms for real-time access to financial data and collaboration with stakeholders.Capture and Document All Expenses:Develop a systematic process for capturing and documenting all property-related expenses.Keep digital or physical receipts organized and easily accessible for auditing and reporting purposes.Implement a Purchase Order System:Introduce a purchase order system to authorize and track expenditures.Ensure that all expenses align with budgetary constraints and are pre-approved to avoid surprises.Regularly Reconcile Bank Statements:Reconcile bank statements monthly to verify that recorded expenses match actual transactions.Promptly address any discrepancies and investigate the root causes to maintain financial accuracy.Track Capital Expenses vs.

9 January 2022 | 4 replies
I am a member of some national masterminds that meet in a facebook group or similar mediums, but it tends to come across more as courses/education that benefit the administrator and are tailored towards amateur new members with little experience (nothing wrong with that!).

20 September 2022 | 22 replies
Like everyone said, each market is different and you should find markets that tailor to your goals of LTR markets and even then, some just adjust by finding value add opportunities to add units or house hack.

2 March 2020 | 18 replies
(so break done your scope with correlating prices)#4: Some people recommend a time to finish deadline, which could also have a per-day penalty for finishing late, or even a reward for finishing early#5: Your scope of work really needs to be as detailed as possible including exact products used and on some occasions techniques used

23 January 2019 | 3 replies
I'm sure others found my style too analytical for their taste.(2) Case studies (a technique pioneered by the Harvard Business School)People borrow money all the time to buy businesses and use the cashflow from those businesses to pay down (or off) the loans.

20 July 2016 | 8 replies
Hi Ryan,I'm an investor just getting started and looking to implement the BRRR technique in my business.