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19 February 2025 | 2 replies
Alternatively, in a QBO Simple Start or Essentials subscription, if seeing profitability by property is important, you could still structure your chart of accounts to reflect each home, though your P&L will be a bit more lengthy & harder to digest.If you have any questions, feel free to reach out, happy to walk you through the pros & cons of QuickBooks options!
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12 February 2025 | 3 replies
I didn't see a location option for Ventura, County, CA, I hope that's not bad news.
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15 February 2025 | 17 replies
Charleston is a great place to start, and keeping your options open is a smart move.
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21 February 2025 | 10 replies
Take the time to connect with investor-friendly pros who understand your strategy, and don’t rely solely on pro formas—talk to local investors and analyze real numbers.
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15 January 2025 | 12 replies
There are better options that don't have minimums.
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19 February 2025 | 29 replies
Detroit would be a solid option if you're strategy involves a little more risk for potentially higher cash flow.
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7 February 2025 | 11 replies
You also have the option to close these DSCR loans in your LLC as opposed to your personal name.Our team finances just shy of 100 DSCR loans on a monthly basis.
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16 February 2025 | 2 replies
Agricultural land and property suitable for residential development seem like safe options to me.
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4 February 2025 | 3 replies
You can contribute by finding deals or managing properties in exchange for a share of the profits.Lease Options: Control properties without owning them by renting with an option to buy, and potentially sublease for profit.Owner Financing: Buy properties directly from sellers willing to finance, bypassing traditional lenders and often requiring less upfront money.REIGs: Join real estate investment groups to pool funds with others for property investments.For a more hands-off approach, investing in turnkey properties in growing markets with minimal upfront investment would be ideal (like in the Southeast and Midwest of the country).
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22 February 2025 | 4 replies
We did consider/evaluate that option, and have done multiple flips, but at those points have been under contract since New Year's Eve and carrying costs for another 2-3 months without a guaranteed sale is not the risk we want to assume.