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25 November 2018 | 7 replies
No worries and thanks for the advice, have you taken any action as far as looking or making deals yet ?
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9 April 2019 | 22 replies
Closing time came and the closing costs were higher than their financial analysis ($9k vs $7k).Next stepsI just closed the purchase a couple days ago so I'm waiting for the contractor to tell me the schedule of the rebab and ask for a deposit.
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20 November 2018 | 18 replies
And from my quick "Google" searching, you may not be able to evict, but instead may need to file for an Action for Ejectment.
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19 November 2018 | 3 replies
Endless financials, tax returns, and questions from guys sitting behind a desk that have never ran a business, risked capital, sold a product.
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18 October 2018 | 25 replies
You need to look at it this way.Not all Bookkeepers are Accountants and not all Accountants are CPAs.Bookkeepers are typically just data entry with a little knowledge of accounting.Accountants typically have a degree in AccountingCPAs are licensed.Not all CPAs know real estate and that goes with Accountants too.A few times I had to teach a CPA to learn how to book certain items correctly.You want someone that show you the financials and break it down to you in details.
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16 October 2018 | 18 replies
I started to listen to that podcast because I wanted to learn on how to achieve financial freedom.
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2 October 2018 | 2 replies
It also depends on your position financially and how much you want to leverage.
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25 October 2018 | 6 replies
I have been looking for a program to keep track of financials for each property, individual unit, but not having much luck outside of full blown PM software which I wouldn't be utilizing most of the features.
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1 October 2018 | 2 replies
I want to put together a leather bound notebook that would have a good 1 sheet with info a bank would like to see and then have more in depth financials as other documents that I will need during the application and underwriting process.
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2 October 2018 | 5 replies
I'm not a Lawyer, and this is not to be interpreted as legal advice, however, here is what I see has happened:1 - Faulty Option contract made worse by Owner's actions: Somehow, even after the contract to buy has come and GONE (my math says 2007 + 5 years doesn't include year 2018), the tenant buyer has been allowed to continue to make (and have accepted...BIG problem) payments on the Buy Contract.