Julie Muse
Jenner Circle Flip: Major Profit in Modesto with Seth Choate!
25 June 2024 | 0 replies
The partnership with Seth Choate exemplified our collaborative approach to maximizing property value through strategic investments.
Rafael Pinho
FIRPTA doesn't apply to a domestic LLC that has multiple members. True or False?
25 June 2024 | 5 replies
They are not tax related since unless you elect to be taxed as a c corp (which you should not do here) the income and expenses flow onto your personal tax return
Grayson Grzybowski
Finding Market appreciation values
25 June 2024 | 4 replies
They can look at specific areas through time and give you DOM, list v. sale, price per square foot, etc which are all great data points if looking to invest in that location.~ Lindsey
Chad Shultz
Small Town Motel turned into Big Returns
23 June 2024 | 2 replies
Yearly Gross $500k+ with cash flow of approximately $30k-$35k/mo.
Robby Nash
Keel Boat Ln - Fix and Flip
26 June 2024 | 3 replies
The quick numbers are:PP: 81Rehab: 112 (~25 spent so far)ARV: 245-255The house is in rougher shape that we could tell when purchasing (it was a hoarder house with like 3 feet of stuff through the whole thing).
Cameron Moran
Gaining knowledge when first starting out
26 June 2024 | 6 replies
You get to learn and sometimes make mistakes with limited exposure. there’s great companies out there who’ll have your back as an employee every step of the way through the tough situations.
Seo Hui Han
Property Management in Large Multifamily (40-100 units)
25 June 2024 | 7 replies
I've been going through "The Multifamily Millionaire: Volume 2" and in Chapter 13, they talk about property management ranging from 4-6%, on top of on site management that is on the owner's payroll, separate from property management, and that you should budget about 1 staff member for every 40 units.If you (the owner) are already paying a property management firm, why do you have to have on-site management separate from the PM?
Amy Denzler
Tired of Shenanigans. . .seeking a network in Cincinnati
26 June 2024 | 11 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
Jenny Zhang
Reputable 1031 Exchange Company
25 June 2024 | 1 reply
At the bottom you can look at references written by BP members and actually interact with the writer through BPs message system.I'll reach out with some information and a colleague request.
Daniel Jaros
Do I really need a "Builders Reno" policy?
25 June 2024 | 6 replies
Ill call around but it sounds like this is just another lessoned learned through the process and the cost is going to be in that ballpark anyways.