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7 November 2024 | 11 replies
The end goal is to be fully dedicated to investing but there's so much to learn and I don't have the risk appetite to also quite my 9-5 to fully dedicate to real estate.I would love to learn more about investment deals and how I can find ways to fast track my goals.
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5 November 2024 | 11 replies
And lastly, I search FunishedFinder listings nearby, find comparable properties, and track the listed rent for a few months (does it increase, decrease?).
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7 November 2024 | 51 replies
Any investor with this track record should have access to debt at 10% interest with 1-2 points, or potentially even less for someone their size.
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6 November 2024 | 4 replies
Make this your measurable goal that you track with your daily activity each day .. aka Key Performance indicators or KPIs.
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6 November 2024 | 7 replies
I use all of the services above, but the Expense Tracking service, also free, is an invaluable resource for my property management.
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5 November 2024 | 5 replies
Only one bank account needed, but you'd have to track income & expenses to do transfer and year-end accounting.As @Nathan Gesner mentioned, not really worth it.You two could also open a joint bank account for collecting rent and pay expenses, just be sure to track everything.Do NOT do what @Paul De Luca stated about transferring title!
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6 November 2024 | 18 replies
It's not good for marketing, bookings, guest communication, calendar tracking, etc.
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8 November 2024 | 22 replies
And there are syndicators out there that have long, strong track records, that spend more time operating than marketing, that aren't selling their guru courses and the syndications are just social proof as to why you should spend $30k on their course.But the flip side of this risk is time.
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5 November 2024 | 4 replies
Platforms like CINC (Commissions Inc) and BoomTown are popular among realtors for managing lead generation and tracking and often support custom single-property pages too.
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8 November 2024 | 31 replies
Also with a good resume and track record, I'm guessing they will want to stick around long term.