
15 October 2024 | 4 replies
Hey @David Fitch, we use QuickBooks Online exclusively for all of our REI Clients including multifamily owners.

16 October 2024 | 13 replies
Right now, there's not enough "room" in rates to cover those hits so borrowers would pay discount points to cover them.

16 October 2024 | 6 replies
It seems the most likely issue is simply having your personal names as the deed holder listed in a complaint although again, based on what you shared about your sound operations your insurance should cover any claims that would arise since you wouldn’t be triggering any coverage exclusions.

15 October 2024 | 9 replies
But, excel is totally fine in the beginning (in addition to your PM software to capture transactions outside of the properties).We use QuickBooks Online exclusively for all of our REI Clients.

15 October 2024 | 2 replies
That said, expect to deal with a fair amount of fluff leads.The two best strategies I’ve found are inbound methods: direct mail and Google Ads.Direct mail can be expensive, but it can also yield highly discounted properties.Google Ads, on the other hand, doesn’t require data extraction like calls, direct mail, or texting.

15 October 2024 | 2 replies
Do also expect a lot of fluff leads in this methodThe two best strategies I know are inbound methods: direct mail and Google Ads.Direct mail can be costly, but it can also lead to deeply discounted properties.Google Ads, on the other hand, doesn’t require data extraction like calls, direct mail, or texting.

15 October 2024 | 5 replies
If I had to choose, I would always prefer cold calling over texting for this approach.The two best strategies I’ve found are inbound methods: direct mail and Google Ads.Direct mail can be expensive, but it can also yield highly discounted properties.Google Ads, on the other hand, doesn’t require data extraction like calls, direct mail, or texting.

17 October 2024 | 10 replies
I would seek out a good local PM preferably with 30-120 units.I am not familiar with that market so if that is not possible there is self managing, or finding a limited service provider (we just went statewide in FL) where we provide guest communication, automations, pricing, and marketing for a discounted fee.

13 October 2024 | 8 replies
Then when the property is sold, she excludes the entire gain as a sale of her personal residence ($250,000 exclusion) and she then gifts you the proceeds (nontaxable) saving all of the tax with no 1031 cost or deferred taxes.Just sayin . . .

16 October 2024 | 10 replies
I would address these issues people are having and even explore starting fresh with a new listing. 3) I would find something local to offer by partnering with a local business to give a discount for maybe something like jet ski rentals, restaurants, etc.