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10 January 2025 | 16 replies
Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.
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21 January 2025 | 5 replies
There is a press release from them in nearly 18 months ago talking about how they had $1bn in agreements... https://fox5sandiego.com/business/press-releases/ein-presswi...In my 17 years in real estate, I have never heard of any group that had that much money committed without taking even the first step of closing on the land.
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20 January 2025 | 22 replies
Since companies have a limited lifespan (10–18 years on average), cities must attract new businesses to maintain job opportunities.Factors Companies Consider:Low Operating Costs: States with lower property taxes and insurance costs.Low Crime Rates: High-crime cities deter businesses and tenants alike.Natural Disaster Risks: Avoid areas prone to disasters, as recovery can take years, impacting your rental income.City Size and InfrastructureFocus on cities with metro populations over 1 million.
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23 January 2025 | 23 replies
Our goal is to have a short term rental business and build it over the next several years.
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16 January 2025 | 1 reply
It’s great to hear about your goals—wholesaling is a fantastic way to build capital and experience for rental properties and flips.I’d love to connect and explore how we might work together to grow our businesses.
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29 January 2025 | 11 replies
Newsom signed that order post-LA fires making it illegal to increase rent beyond 10% in those areas impacted by the fires (one source: https://www.washingtonpost.com/business/2025/01/25/la-county... )If I understand you correctly, you're saying that PriceLabs is behind the increase in rates for your properties, taking them to either 10% or beyond of an increase which I'm sure is something someone on their board or engineers must be aware of- as an issue.
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14 January 2025 | 5 replies
Is your goal to use being an agent for your own personal investments or actively try and grow your agent business to eventually leave your W2?
21 January 2025 | 7 replies
Hello all, my business partner and I started BRRR's in Texas in 2023.
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29 January 2025 | 25 replies
They seem to be trying to use a PMC model designed for Class A properties/tenants for Class B, C and sometimes D.Can't use the same business model for all classes of properties/tenants.
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11 February 2025 | 18 replies
If the state matters, I'm interested in Connecticut90% of our clients is OOS investors and our business process is tailor-made for them.