James Syed
5 Day Notice Illinois
5 January 2025 | 18 replies
Posting is insufficient, absent court order for alternate service, if the property is not vacate.
Paul Stewart
STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
The fee for this service is basically passed down to the guest one way or another.
Ajit Singh
New Member - Serious Investor - ISO of a Mentor
6 January 2025 | 5 replies
From there, adding discipline will get you to where you want.Instead what you're doing is advertising you have money, no knowledge and are going to have the average BP RE agent(bottom of the barrel quality) come here to promote their services with no regard.
Eamon Conheady
Do not use this lender!
26 December 2024 | 21 replies
Do not use American Money Loan Services or Tom Vanderlaan.
Justin R.
Who has moved from QBO to Rentastic (or other RE based software)
27 January 2025 | 17 replies
I self manage my properties and run a real estate based service business, I'm able to do bookkeeping for both using Baselane.I think you / your CPAs should try out a few softwares to see which one works best for you
David W.
Should I Build My Own ADU - Multi Unit?
27 January 2025 | 6 replies
I have seen companies like “Sturdy Build” whom I consider to be an A to Z service that is premium.
Tove Fox
Residential vs. Commercial Real Estate Investing?
5 January 2025 | 13 replies
@Tove Fox - Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.
Keegan Felix
Full time working mom of 3 in my 40's with 8K to invest
9 January 2025 | 21 replies
If you find someone that seems to know a lot of people needing your services, wouldn’t it make sense to focus more resources on them?
Greg P.
Small Multi Family Coaches/mentors? 2-4 units.
31 January 2025 | 23 replies
Do you offer such services?
Anthony Benoit
Hey im new here!
7 January 2025 | 10 replies
Typically people charging for that service are doing it because they need the money...if you catch my drift.