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5 December 2024 | 34 replies
She acknowledged her "mistake" in getting the address correct but blamed "scrolling" as the reason she was wrong 🙄.
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28 November 2024 | 10 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
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26 November 2024 | 2 replies
Their book is super helpful, and so far I'm guilty of at least half of all the newbie mistakes they talk about, so I expect my rental operation to improve as I implement their advice over the course of next lease term.
26 November 2024 | 5 replies
I realize now this was a huge mistake to not purchase under an LLC.
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27 November 2024 | 16 replies
One of the (many) mistakes I have made in my syndication investing career is to get too locked in to an operator, a deal or a strategy.
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26 November 2024 | 5 replies
The processor keeps making mistakes with the wire with spelling errors etc and now they say the two software systems Bank and investment company cannot integrate.
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27 November 2024 | 10 replies
They should not have been this off and you should always use the worst-case scenario as your target number when you are doing a flip or BRRRR.If I were you and a sale wouldn't net enough, I would do mid-term rental there instead of long-term rental so you can earn more, but still not have a ton of tenancies.
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26 November 2024 | 2 replies
Again, it's you.If you make your first offer and don't feel confident, you will win and get cold feet (this is the worst).
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25 November 2024 | 2 replies
Take short-term rentals - they do provide several tax benefits, but they are hard to run and very hard to succeed at so people make the mistake of choosing the tax vehicle, get the benefit, and then lose money on the investment and hate it.
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26 November 2024 | 6 replies
Worst case you can transfer the money from the current custodian into Fidelity and back and forth it would just create work for you and possible wiring fees....