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4 March 2024 | 13 replies
I'll message you about setting up a call.
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4 March 2024 | 3 replies
After a thorough set up with them we simply email them receipts with a note for what it was for/what project and they allocate it into the right category.Now if you have the capacity to learn quickbooks or employ someone who is versed in it then that is your best bet.
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5 March 2024 | 9 replies
STR are all about understanding the market - buy right, set up right, market right.
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5 March 2024 | 7 replies
Some of what we usually do over these 3 days: Small group hot seats (3-4 people), masterminds, small group goal-setting..
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4 March 2024 | 4 replies
That would be the ideal software but don't think it exists.Thinking in the future if I wanted to scale and buy more properties I'd like to have the ability to open more accounts for each property.Any input appreciated on the best way to set this up!
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5 March 2024 | 8 replies
For those looking more aggressively, the Pro subscription offers the full set of daily properties (10+ daily), plus usually another 30-40 in a (filterable by state and city) google sheet that didn't make the cut.
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5 March 2024 | 12 replies
Set up an LLC together...you provide capital and they provide experience.
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7 March 2024 | 29 replies
If you are familiar with a market you have an idea where a neighborhood and a set of property characteristics fall within quartiles of that market.
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6 March 2024 | 12 replies
Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.
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3 March 2024 | 5 replies
We typically meet the 3rd Thursday of every month, but will need to adjust for March.