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16 December 2015 | 11 replies
I'm curious to hear other's systems for marketing plans.I'm playing around with the idea of having a variable system based on quarter.I.E.
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29 December 2015 | 5 replies
When we pay a sub we assign the invoice to an address. etc.with quickbooks, we get a p&L for each address worked on. we also get a p&L for each rental property. by using QB we track everything by category and by property.if you are asking now it is probably too late. if you don't have an accounting system already set up, why do you need one now. just keep track of whatever you can and keep moving forward.
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17 December 2015 | 5 replies
If you are paying utilities that can be $100+ a month per unit easy and can kill your cash flowFor capex you should keep track of all major systems and appliances and when you will need to replace and work backwards from there for capex
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15 December 2015 | 3 replies
My local market is limited and has weird economic dynamics that make me think about investing remotely every day.While "YES" remote investing is certainly possible, I see that the only way to be successful is to have robust and redundant systems in place in your remote market.
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22 December 2015 | 6 replies
Also for the most part $50k neighborhoods are not the greatest, calling them C neighborhoods is a big stretch and that is why the grading system is subjective to personal opinion.
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15 December 2015 | 2 replies
Lender I work closely with has his process and systems down and is still able to close in 25-30 days max.
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16 December 2015 | 6 replies
Interested in building a Real Estate business.Initially working in the Cape Coral area of Florida.Looking at starting with "Joe Crumps push button system" as a CRM.Welcome all advice as a newbie.
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19 December 2015 | 11 replies
Let it be the seller's surprise now - you can use it to negotiate a lower purchase price, because if the system fails inspection, the seller either fixes it out-of-pocket or accepts a significant reduction in the saleability of the property; thereby making the proposition of seller financing with you much more attractive.
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16 December 2015 | 12 replies
I recently sent an email to another investor explaining the off the cuff tenant rating system residential real estate investors tend to use.
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16 December 2015 | 0 replies
My brother owns a small electrical company and he can get a wholesale rate on a solar system installed for the house, will that add significant value?