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4 July 2024 | 15 replies
Strategies we are working on right now are BRRRR and flipping.
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7 July 2024 | 35 replies
They are unprofessional, don’t care about people, and apparently completely inept when it comes to business.
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5 July 2024 | 12 replies
Luckily you as a new investor have far more strategies and strengths than an existing investor with multiple properties.
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5 July 2024 | 2 replies
The subscription service based washes have basically rendered these businesses not viable.
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4 July 2024 | 1 reply
It's in rough shape and I am going to renovate it to bring it up to max value before I refinance it (brrrr strategy).
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5 July 2024 | 5 replies
According to the San Antonio Business Journal, the area has seen significant retail and residential development recently.- Family Appeal: With good schools and amenities, it attracts families, making it a desirable area for potential buyers.2.
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2 July 2024 | 108 replies
Run your business like a business.
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3 July 2024 | 4 replies
Reading through some other forum posts, it looks like there are much simpler partnerships, entities, or offerings that would meet what I am trying to do:My Role:-Decide on properties to purchase, mostly SFHs-Establish LLCs or other business structures to hold the real estate and distribute returns-Purchase properties, using loans as needed depending on the ROI/cash flow desired from investors-Act as property manager for the properties-Depreciate properties held in business entities to minimize taxable income to investors-Distribute returns to investors-Create investments that have high cash flow (CF) and low appreciation (App) , moderate CF and App, low CF and high App-Find investors from connections, friends, and family with no public advertising-Advise in a minimal capacity on tax and real estate strategies-Send investment reports to investors-Be fiduciary to all investors-Receive compensation from PM and other management work I do related to the investmentsInvestors:-Can be non-accredited -Invest as little as $1000-Can use retirement accountsWhat references can people recommend for me to learn about business structures, partnerships, securities, taxes, or other topics to get me started on learning what will work for my goals?
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5 July 2024 | 5 replies
Our Playlist Beta Membership gives you access to the following: 🔐Unlimited audiobook downloads of 37+ real estate investing and business books🔐Unlimited ad-free podcasts including Real Estate, On The Market, Money, Rookie Business, and DailyI'm sorry for the confusion and would be happy to clear up any more questions!
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4 July 2024 | 24 replies
There's a really clear strategy on how you do that, most flippers make 10%, and we make more than that.