
29 June 2024 | 7 replies
I am now focused on rebuilding my business and running an ACTUAL business instead of a cool hobby that I tell my friends.

27 June 2024 | 10 replies
Here are some additional activities that count, toward real estate professional and material participation hours.Research market for real estate transaction opportunities; current office market rates; terms of financingMaking offer contracts for properties that you end up buyingNegotiation for acquisition of rental properties that you end up purchasing; including directing due diligence and managing financial projections/business plansObtaining financing for properties that you purchaseProperty inspectionsAdvertisingMeeting with Prospective Tenants/showing properties to prospective tenantsNegotiate, obtain, & review proposals and contracts with vendors (insurance, utilities, etc) for property servicesReview and Negotiate The Terms of Sale AgreementsStaging and Decorating3rd party contractor, vendor, or service provider supervision

29 June 2024 | 17 replies
moving to miami from columbus more than likely unbelieveable real estate market, density allowances, zoning is 20 years ahead it's amazing for new construction and development. columbus will always have my heart but this combined with the lifestyle you can't beat it.

26 June 2024 | 1 reply
My business partner and I created Quality First Builders, LLC, to build new construction spec homes in the Triangle and surrounding areas.

28 June 2024 | 21 replies
I have been told that you cannot do this business unless your spouse is on board, but here I am with well over 20 years in investing and over 30 units and still doing it.

29 June 2024 | 8 replies
We've worked with many property management companies to place them with VAs to handle a lot of the admin work in their business with good success.

29 June 2024 | 26 replies
I am currently working and fully cooperating with the Mississippi REC on becoming compliant in every aspect of my business.

29 June 2024 | 6 replies
The tenants we typically get under this business model tend to be workaholics and they rarely complain about much (so far) so I haven't had any issue.

27 June 2024 | 2 replies
There are many homes in areas outside of Claremont that are selling for $500k to $650k Many of the people we know are buying homes like this one with a construction loan for the ADU ($100k) and buying a home for $700k + $100k : $800k total at 5% down payment and ending with a total payment (PITI) of $6k minus $2k rents from ADU Total new payment of $4k which is easier to make and once interest come down some, they will refinance to drop their payment to $3k to $3,500 per month.

29 June 2024 | 7 replies
I have found it hard enough to get 1 line of credit, let alone 2 on the same business. 2nd line would need to satisfy the 1st for the lender to give it to me.Thanks for the ideas on equity partner - will be the path that looks most promising!