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20 January 2022 | 13 replies
I have allocated 3 months to this flip and obviously sooner is better, but that is what was budgeted (feel free to give advice on how to improve my timeline).
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12 June 2021 | 2 replies
That's a standard approach for many county roads, and is well-known for lower cost and durability.As long as you are trying to improve the roads, don't forget to install paved "parking pads" -- typically 20' x 20' squares to park two cars on each lot.
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21 May 2021 | 10 replies
In my experience flippers make the quality of a city improve, but like @Greg H. said, there is the "you aren't from around here" factor at play.
24 May 2021 | 4 replies
If you purchased a property, significantly rehabbed the property and immediately sold it thereafter with the intent of flipping it, it will be subject to self-employment taxes.Regarding the taxes you will be subject toFederal TaxesState taxesDepending if it was a flip or not, also self-employment taxes.Speak with your accountant on the actual taxes that will be due as he/she will know what your marginal tax rates are.You can also factor in improvements / selling costs to decrease your gain / taxes.
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1 June 2021 | 8 replies
How to Win Friends and Influence People - Dale CarnegieIf you read and apply the lessons of this book your networking & communication skills in improve significantly.Example: I met one of my best clients years ago and we were recently talking about the day we met.
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20 May 2021 | 1 reply
Posting on MLSApartments.com/Zillow/Trulia etc.Create TikToks for the units (sounds crazy but it's very effective to this age demographic)Create virtual tours, pics, floor plans for people to interactExclusive building website to highlight it's features and why it's a desirable place to liveContact University housing professionals on how they can refer students and staff members Network with local hospitals and larger companies to assist with spreading the word of availability of units Good luck!
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21 May 2021 | 2 replies
We immediately did a cosmetic rehab on the property and over the years have made cosmetic improvements.
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29 May 2021 | 6 replies
This is where you can begin to see where there are operational inefficiencies, cost overruns, or areas where income can be improved.
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26 May 2021 | 8 replies
It is really difficult to manage contractors and staff if you can't stop by the house.
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21 May 2021 | 4 replies
There were a lot of operational improvements that we were able to make right away.