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21 August 2024 | 3 replies
What’s a good rule of thumb to follow when starting a business or owning multiple properties for how much you should set cash aside to go towards the mortgage, expenses, emergencies and paying yourself? Thanks in adva...
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25 August 2024 | 13 replies
I managed three teams consisting of 3-4 employees each and led all their projects simultaneously, while overseeing accounting, marketing, and financial operations.
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23 August 2024 | 4 replies
For example, I broke down and bought a forms package for $1,000 that saved me so much time and improved my company, particularly as I brought on employees.
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24 August 2024 | 8 replies
Most property manager cover all the services you offer charge a flat fee of 20% gross revenue. 65% is exorbitant - its 3.5X the market rate.
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24 August 2024 | 5 replies
I am looking for:GROSS Income >= 3x rentANDRent + Monthly Debt Payments <= GROSS Income * 45%2.
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25 August 2024 | 10 replies
If for example, a more well capitalized or cash buyer (with the ability to compensate their buyer representative directly) can theoretically submit a lower gross sales price while still yielding the seller greater net proceeds.
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22 August 2024 | 0 replies
Purchase price: $300,000 Cash invested: $70,000 Sale price: $450,000 BRRR method using an STR property that has projections in the 75k gross rangeUPDATE -- did rent well.
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22 August 2024 | 0 replies
This will help to minimize legal liability and any concerns that could arise regarding employee theft (We plan to retroactively count the RV rooftops present at noon each recorded day (every 30 days), and compare it to the park management software/bank statements as a system of checks and balances.
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23 August 2024 | 19 replies
Essentially, you'll need to find a way to add value to a syndicators business so that it is worth taking you on as a mentee or employee.
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21 August 2024 | 5 replies
1099 means they are their own boss it is very hard to hire individuals and not have them be w-2 employees.