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18 October 2016 | 2 replies
I'm a new hire at property management company and I was wondering what people thought of our model.
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3 May 2021 | 10 replies
Confirm everything and build your own model that is based on your cost base to understand how much you can pay for the property to cash flow appropriately for you.For starters, there's some great templates on the BP FilePlace for evaluating apartment complexes.Short list of things to think about / budget for (outside of taxes & insurance of course):-Plan on at least 5% vacancy. 7-8% if you want to be conservative-Are you going to manage it or outsource?
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25 May 2016 | 28 replies
Use those things to show her how your business model will benefit her.
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16 May 2020 | 76 replies
They have truly pioneered and perfected the turnkey business model.
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21 June 2016 | 5 replies
Go find out for yourself.Unlike old cars that need restoration and antique furniture that needs repairs, houses often come with big issues concerning title ownership and claims affecting their equity.Also, possession issues crop up in addition to hidden damages and unhealthy systems.Once you study, you'll begin to see that a bargain may--or may not-- be a bargain.
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26 November 2016 | 3 replies
If so, it seems like the earliest we could give the 30 days notice for them to leave the property would be December 31st, and we would not be able to take possession of the property until January 31st at the earliest assuming everything goes as planned?
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11 April 2018 | 32 replies
Well naturally just like Uber won't work in small population centers I was also impressed with the professional follow up emails and the notice of the offer expiring after 3 days or so They just hit Vegas so I can't really comment on their resale status or ongoing business model, wholesalers can begin to worry and possibly realtors over time
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12 July 2019 | 18 replies
This structure is designed to provide you with checkbook control, as the IRA will own the LLC, but you can control the LLC as the non-owner manager.They use an IRA custodian (not sure who these days), but the custodian is very much in a back end role.The IRA LLC model is beneficial if you will be engaging in investments that are either time sensitive in nature or require frequent expense/income transactions, as you will be able to directly transact via the LLC and a bank account of your choosing, without having to go through the IRA custodian to process each and every transaction.
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30 August 2017 | 50 replies
She filed a not guilty plea, so the judge gave her a trial for the money, but evicted her on the spot by giving the landlord an immediate possession - Meaning in 72 hours she was removed but still has to go to court to over the money, which was the core of the case.
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1 May 2018 | 22 replies
The idea of the turnkey model is that it is passive and should be earning cash from day ONE.It just sounds a bit different to me.