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1 July 2024 | 1 reply
I’m wondering if using Customer instead of Class would work, thereby allowing the less expensive Simple Start or Essentials versions to be used.As a private lender I’ve been using Customer for borrower and Job for each borrower loan … seems to work.
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1 July 2024 | 7 replies
I was looking to get into the investing space more heavily and wanted to start with a flip.
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2 July 2024 | 8 replies
I think you may want to start of the arrangement in a more simple fashion.Ask for a loan in which he will get a stated return 6% to 12%.If you are both successful happy with this arrangement, upgrade to a partnership.I think a partnership off the bat makes things complicated.You will also likely make more money in a loan agreement if the project does well.
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1 July 2024 | 12 replies
How did you get started in with the fix and flip strategy?
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1 July 2024 | 3 replies
Hi,I’m from NYC and starting to look out of state for good BRRRR and/ or good cash flows.
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2 July 2024 | 16 replies
Its not killer cash flow, but there is cash flow.Don't expect to start deducting things like vacancy, maintenance, cap ex, etc.
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1 July 2024 | 3 replies
Hi Guys,I am starting to finalize on the BRRRR deal.
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28 June 2024 | 18 replies
If you are just starting out, I do not recommend you exposing yourself to more than 25k - 30k in capital investment through the whole life cycle of a deal - close to close.
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1 July 2024 | 13 replies
You may not need an LLC at all if just starting out and insurance might get you all the coverage you need.
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1 July 2024 | 4 replies
Would it be better to start off with STR or LTR in this area?