Andrew Stouse
For those who have already started their real estate journey, how did you start?
24 March 2024 | 11 replies
@Andrew Stouse Started out close to 30 years ago at age 21 with some shady business partners on two owner financed apartment buildings.
Todd Powell
Question: Can you take two different LLC names and do 1031?
24 March 2024 | 19 replies
It did take a while forget enough properties for it to make sense and to WANT to have a separate tax return for the real estate business, but the structure sure gives a lot of flexibility and protection.
Engelo Rumora
Question: How To Scale My Property Management Company?
23 March 2024 | 12 replies
Hi everyone,So here is the deal.Started a PM company 10+ years ago as a subsidiary of our turnkey company (IMO it's a tough gig selling turnkey if you don't also manage in-house)Hated the PM business for a good 5 years or so.Then one day I woke up and smelt the roses and realized that PM is not so bad after all.That of-course came at a time when things actually started to work and we actually started to "work" the systems just as they should be worked lolWe have reached a point now where it's a pretty well oiled machine other than the minor $#@% that we fix on a daily basis.The business motto is systemize, optimize and monetize which is a work in progress but chugging along.I'm confident that with the operation as it is today we are at a point where we can start to significantly scale.Organic leads are flowing in nicely and we grow at between 10-15 units per month or so.My questions are:1) How do we potentially find other "mom and pop" shops what want out of the business and we purchase to take over?
Mary Jay
When would you buy a property with a negative cashflow?
22 March 2024 | 88 replies
Which means your RE is more of a full time job/business rather than a (passive) investment.
Christina Galdieri
Would you renovate bathroom
24 March 2024 | 10 replies
Luckily my husband has his own contracting business so he does all the labor for free but that’s not the point!
Danielle Lynch
First Multifamily Looking in South Florida
24 March 2024 | 24 replies
Each city has is own ordinances from code and violations enforcement to yes Airbnb (short-term rental or not).Then you need the best management company is the blood of you business.
Louis Alumbaugh
Off market properties, work with a realtor or purchase directly from a Wholesaler?
23 March 2024 | 15 replies
If you are in business only hire the best.
Wesley Oaks
Developing and Starting Small
23 March 2024 | 8 replies
Usually, one party has more funds and the other party has the experience and time to be more hands on with the business.
Marco Y.
Kitchen cabinet pricing
23 March 2024 | 5 replies
I run a kitchen design and supply business.
Anne Jenkins
Has anyone done business with David Garnaco
20 March 2024 | 10 replies
His business plan I like what he does.