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16 July 2024 | 8 replies
Context:*For my business - I had initially setup a profit-first system w/ multiple bank accounts at my local credit union*For the properties under management - I setup two trust accounts (rents and deposits) with Chase.
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18 July 2024 | 1 reply
Definitely worth looking around for in-person events because there doesn't seem to be a lot of activity here on BP for the SLO area.
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18 July 2024 | 1 reply
My wife and I have done multiple live in flips and a couple traditional flips now, looking to scale that part of our business.
18 July 2024 | 6 replies
Here's a short synopsis on Indy investing (as a realtor with 150+ transactions & 12 doors in personal portfolio): - Indianapolis has all the right metrics for a stable investment: average appreciation 3-5% per year, consistent population growth, low unemployment, highest % of GDP growth last 5 years of any Midwest city. - Indianapolis is VERY competitive in the fixer-upper & multifamily realms.
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18 July 2024 | 2 replies
I would love to do one where its like speed dating you get to spend 5 minutes with each person that shows up and connect.
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18 July 2024 | 2 replies
@Gabriel MartinezI would not recommend that type of insurance personally.
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18 July 2024 | 2 replies
If I were doing this, I would visit every contractor space for rent personally in my car Within so many miles of the intended project.
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19 July 2024 | 11 replies
You will either qualify for the next home using more personal income to offset the 75% of the rental income that the lender will qualify or buy a deal that cash flows about 125% of the expenses so that your income does not have additional negative Debt to income.
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17 July 2024 | 5 replies
Hotel/Motel, Condo, Apartments all have had substantial rates because a lot of companies have either stopped writing the business or non-renewed it and the companies that will still write it have to take premium because of the risk they're taking on.I know that doesn't help you at all but my advice would be if you have an independent agent who you trust and like and believe they're doing the best they can for you stick with them and let them work all the markets for you.
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15 July 2024 | 8 replies
There aren't high-interest money market accounts for businesses and most, if not all, high-yield money markets are for personal accounts.