
4 July 2015 | 6 replies
No I used the same tool here on BP that I used for the larger multifamily.

4 July 2015 | 4 replies
If you need to get info from the bank try getting Power of Attorney for that property only.

12 October 2021 | 4 replies
As an aspiring business owner I prefer having an established business entity, separate business checking/finances, business history.When I give my tax info to my accountant at the end of the year everything reconciles to one account or one credit card.Not that you couldn't keep track of all this information via other tools but I prefer it this way.

12 October 2021 | 4 replies
Below are the 4 categories I was thinking of splitting my commission check into: Taxes – not enough agents account for thisInvesting in your business – marketing, tools, etc.Personal day-to-day expensesInvestments -into other streams of income - Stocks, RE investments, etc.These were the 4 major categories I could think of and I was curious as to how people would split these up based on a percentage.

20 October 2021 | 12 replies
I'd recommend using the networking tools here on BP.
14 October 2021 | 15 replies
If the SM had a multiplier of 10%/year, and the RE had only 5%, if you did #1 above, you would end up with a return the first year of the following: A - SM: $120k x 10% = $12k; New total = $132K B - REI: $600K x 5% = $30k; New total = $630k...and, thanks to the power of compounding, every year after year 1, the spread between the two gets wider....in favor of REI.

13 October 2021 | 2 replies
We get occasional reminders from him about not overloading the circuits by over using power strips - which is surely done in order to accommodate for the pathetic lack of available outlets.

21 October 2021 | 5 replies
Of course, if Boxabl if furnished for that amount, might be better...but just make sure the total budget includes permits and installation/trenching/etc needed to attach to your sewer, power and water.Good luck!