Justin Rush
[URGENT] New Hungry Investor Needing Assistance
4 July 2020 | 2 replies
My goal is to BRRRR at least one house by the end of the year, collect my lessons learned, hone my system, and then apply that system to scale... quickly; aiming for 5 BRRRSs by July 2021. 6- are there any lessons learned, that people found starting off, you wished someone would have explained early on?
Scott Passman
BREAKING NEWS: You’re not an idiot for using less leverage
17 May 2020 | 34 replies
--> If your goal is to quit your job and scale up your business...at some point you have to 'go hard' and take a leap because then you're using the velocity of money to create more money.
Bala V.
Goal setting - # of years and units/properties calculation
14 May 2020 | 9 replies
You may want to look into joining a syndication deal or buy a duplex just to see the mechanics of REI then scale up.
Catina Yates
Business to lease SFH with 1 year lease
22 April 2020 | 11 replies
@Jackie Cramer Yes, its 4 unrelated employees (ages unknown) who are working for a manufacturing company that has a year contract with a facility in the area.
Josiah Tombley
Where are you getting your Wood Flooring For Rentals?
8 May 2020 | 3 replies
For a $200K rental property, sorry, that's above my pay scale.
Richard Murdock
Average labor only cost for kitchen sink install
12 August 2019 | 5 replies
Hey Richard,There are three kinds of sink mounts: top mount/drop in (the usual for stainless steel sinks on laminate countertops), undermount (more usual as a luxury installation for natural and manufactured stone), and flush mount (least common, used for some luxury installations with extra-large apron sinks).Clearly, this is an undermount installation on granite.
Account Closed
Getting started, networking, and building wealth
14 August 2019 | 5 replies
The niches I am interested in pursuing are SFH to begin with, and scaling to MDU and up from there.
Joe E.
LLC & Series feedback
24 July 2019 | 11 replies
(etc)The Series LLC, is a great structure that was created for investors who intend to scale and grow.
Mark B.
Accounting while using a PM
17 July 2019 | 13 replies
Someone needs to build an interface from AppFolio and Buildium into QB.No tracking of which rents were received or not receivedNo tracking of proper security deposit application to expense reimbursement or lost rentNo tracking of loss to leaseNo tracking of vacancy costNo split of repairs for expenditures over and under the $2500 de minimis limitNo tracking of re-positioning costs vs operating expensesExpense misclassifications by the PMKeying summary information may work for a few units but not at a larger scale and not for managing the PM and the business.
Ellen Griffith
Furnishing a log home
29 May 2018 | 8 replies
@Ellen Griffith I have been contacting the log furniture manufacturers directly at the corporate level and I am being offered 40%-50% off catalog prices to furnish a 5 bedroom cabin.