Nick B.
10% economic vacany - is it sustainable in the long term?
9 November 2015 | 12 replies
Depreciation is of more of concern if you hold for seven years or more - - the recapture spoils you profits and the end-game.I buy and sell on the Cash-on-Cash return and so do other buy-and-hold investors.There's lots of paper tigers but none of them put food on the table imo.
Lee Hoyle
New Member in Oklahoma City area (Oklahoma, Pottawatomie counties
8 November 2015 | 2 replies
I specialized in loan documentation and took over a loan department that was in bad need of re-organization.
Nick Cote
Business ideas and suggestions
3 May 2019 | 15 replies
It might be tough to juggle it all at the beginning but I’m sure I’d pick it up pretty quick as I currently run quite large projects for my company so I’m very good at organizing my time, other trades, have a good idea of how long things take, how much it costs, etc..
Ryan Taylor
Homeowner Passed Away, Now in Pre-Foreclosure
2 May 2019 | 1 reply
Must be a privately organized estate?
Paul P.
Dallas Investor Looking to Network (Coffee Anyone)
10 May 2019 | 7 replies
Anyhow, would love to meet for coffee/drinks/food/etc. anywhere in DFW.While I write this, is there a local group that meet regularly?
Kelly Clark
2 new weekly REI networking meet ups in the Spokane area
9 February 2021 | 15 replies
I'm happy to organize both an evening group (networking and a guest speaker) and a breakfast/coffee or lunch networking group.
Nik Moushon
Potential Tenant with future court date
8 May 2019 | 4 replies
She would have no money to budget for anything as rent and her current debt take up her entire monthly income, which does not include utilities or food or anything else.
John Moorhouse
What did you all do before you started investing?
10 May 2019 | 41 replies
There are lots of perks for sales positions, for example I have a company car with a gas card and an expense account to use for food etc during the week so these are huge expenses for most people that I don't have to worry about.
Logan Jamieson
Senior Living Apartment Finances
8 May 2019 | 1 reply
We have a 36 bed ALF - Lower income - we figured out how to make money serving a market others do not like to serve -It's been rewarding We have GREAT people/staff now --- People are one of the most important aspectsAs for #'s - it really is a depends question as labor rates vary, state regs are going to vary on how you need to staff etc.Here's the order of our expenses monthly:Wages (About 40-50% of revenue when we have a good month - fluctuates and this includes my salary which really at any other location may be a management fee etc - but wise to build something in)Principal and interest paymentFood (When I bought the business Food was higher than P&I but we got it lowered by tweaking some things - I'm sure we could tweak it a little more but I'm not the type that wants to wring every drop of blood out of a turnip - some waste, loss etc is going to happen - I have cooks that take good care of the residents and they are happy which is what I care about)ElectricityAnyways wages by far and away are the largest expense item.I went down this path so am a bit biased I guess - but find a struggling business or an existing one for sale and find a way to buy it and then improve the operations.
Cameron Bock
Rogue Roofer: A Property Manager Story
9 May 2019 | 20 replies
Before I started working at my organization, the CEO and her assistant received a proposal from the GC to repair the roof.