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4 May 2024 | 6 replies
The property price is $95kim buying under my llc (I am single owner)no I don’t plan on rehabbing already done, I was going to bring in $26k cash to close.loan was for $72k I think you're going to have to go private/hard money to acquire the property and the repair the basement.
6 May 2024 | 62 replies
What happened with your pool cleaning business?
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3 May 2024 | 12 replies
We have a normal REI business with this 4-plex on the side and it takes some juggling.
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2 May 2024 | 45 replies
I have some private investment already.
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4 May 2024 | 8 replies
Tools like knife etc if have a business use you can write off.
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5 May 2024 | 6 replies
I won't bore you with the details of the restoration business, but I just wanted to jump in here and tell you that Xactimate is probably not what you're looking for.I do flips and rentals on the side, and I'm looking for a simple software to track those too.
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4 May 2024 | 10 replies
Counter is that it's arguably not just a house, it's a running business.
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6 May 2024 | 25 replies
Most real estate agents don't understand the investor side of the business.
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2 May 2024 | 2 replies
Thoroughly research the industry, field, business you’re interested in to see if there’s a “niche”, unique approach, unserved customer base, or anything similar that can be exploited to earn income 3 standard deviations above the mean.
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7 May 2024 | 34 replies
I would equate it to managing yourself when you are not set up to manage properties.There is scalability in this...Now to play the Devils advocate if you get autopayments set-up you can always figure out how much interest was paid each year and what your payoff is so just decide how competent you are in that and be honest with yourself, there is nothing wrong in outsourcing parts of your business.