Don Konipol
Why I will no longer answer questions from the unknowledgeable
29 April 2024 | 113 replies
Since all assets have already been pledged, offer the seller your stock in the acquisition company as security for the seller financed loan.
Alon A.
Multi family investing
29 April 2024 | 3 replies
We have a property management company, as well as construction so we can help you manage anything here.
Jessica DiPonziano
Rental License in Philadelphia Process Confusion
29 April 2024 | 6 replies
I have an LLC that's my management company but I personally own the house (will move it to an LLC at some point).This is what I think I am supposed to do but not sure????
Frank Barletta
Why I'd focus on Fix and Flip, not renting in Toledo, OH
29 April 2024 | 31 replies
Slow and steady wins the race mate.Too many guru's and marketing companies pumping leverage to rookies because they make more money, the more somebody buys.Being patient and using all cash to begin is always safer in the long run.Build the foundation of your portfolio with cash and make it strong.After a few years, look at using leverage for faster growth.And only after you have experienced the true income and expenses of your portfolio and not just paper figures.Cash is KingCashflow is QueenLeverage is the Peasant Just my opinion 🙏
Trent Reeve
Welcome Book creation
29 April 2024 | 9 replies
We also purchase the templates on Etsy, brand them to our company, and add the appropriate property details/photos, then create a public Canva link we share with guests.
Julia Myers
How do you share depreciation?
27 April 2024 | 2 replies
This would require you to each report your share of the activity (depreciation included) on your individual tax return according to ownership %.
Michael Calvey
What is the one thing you hate doing within your REI business?
29 April 2024 | 29 replies
Dealing with no shows even after confirming 30 minutes before the appointment.I love when someone ask me if I'm the owner, that already tells me that they have been turned away from large real estate companies and they're looking for a sucker.
Mica Moore
Self-manage or use a Property Manager?
27 April 2024 | 21 replies
If you don't like it you can always hire a property management company.
Raj Patel
Cash out Refi
28 April 2024 | 9 replies
For years I put in all my contracts that a specific appraisal company could not be used for the appraisal of any deal I was doing because their results were consistently so low it was laughable.
Jeremy Willman
Looking into buying real eastate and renting them out long term
29 April 2024 | 8 replies
If I had property management I would be paying a couple thousand dollars each month for that service, then having to still pay the PM Company’s contractors at a marked up rate for every repair.