9 July 2024 | 0 replies
We did try to get one group to do it all, but they never got back to us with an estimate after visiting the job site.
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12 July 2024 | 5 replies
I was thinking of just having an acquisition manager to be the boots on the ground and then a lead manager to do follow ups.
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11 July 2024 | 12 replies
I think in most markets adding an ADU simply as an investment is a bad option.
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12 July 2024 | 1 reply
As you gain experience, you'll have time to think about long-term goals and develop a plan to get you where you want to go.
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12 July 2024 | 13 replies
It's going to be harder than you think and take longer than you expect.
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12 July 2024 | 5 replies
I've been in the real estate accounting field for almost 20 years, and in my experience, it's helpful to think of the software you use in two distinct levels:Property Management (PM) Software: This handles the property-level operations.Dedicated Accounting Software (like QuickBooks): This is used for corporate-level accounting.Not all PM platforms come with robust accounting modules.
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12 July 2024 | 15 replies
I dont think it has collapsed yet, but I think it will soon.
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11 July 2024 | 12 replies
If you think you can get it rented and keep it rented, then rent it for a year or two to see how it goes.
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11 July 2024 | 5 replies
It can increase your basis in the property which affects capital gains, but given you bought another primary with the funds I don't think that applies.
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12 July 2024 | 16 replies
You may want to think about Quickbooks or Quicken.