2 October 2020 | 23 replies
Essentially we hadn't begun the process of putting together our spreadsheet that runs the numbers, knew what kind of properties we were looking for, or even how to be a proper and ethical landlord.
2 October 2020 | 27 replies
I would go to events all the time but with the slow down with COVID I want to replace my time with a better lead generation tool.
26 November 2020 | 9 replies
And you would be spending more in demo and more to essentially build a new house versus updating an older house.All that being said, I am confused about your idea that the foundation is rotted and may need to be demolished.
7 October 2020 | 20 replies
If you don’t form an LLC how do you write your repairs , purchases of tools , supplies off on taxes ?
1 October 2020 | 7 replies
Not sure if that makes total sense, but essentially scale out to 10-20 doors via lease/options instead of straight rentals.
30 September 2020 | 7 replies
., and it does provide the overall picture I need as well as tools to review multiple scenarios automatically.
30 September 2020 | 7 replies
Michael, I've got an account with them and I think it's a GREAT tool for people who don't own rental property as a retirement vehicle.
30 September 2020 | 4 replies
I've had difficulty with QB as a planning tool in that it is more geared toward paying taxes and is limited to running reports based on the implementation of tax classes.
1 October 2020 | 4 replies
I assume some books are more for introduction and inspiration (Rich Dad Poor Dad, etc.) and some are very useful as a reference and tool (Gallinelli's Cashflow and key financial measures book).
1 October 2020 | 4 replies
I typically look on the MLS, but I would like to hear about some more creative ways to find a property.If it's on MLS, CreXi or Loopnet for >2 weeks without an offer - Odds are its not that great a deal.I don't know about creative, but you've got to build relationships with sellers/buyers.Best tool - It's called a phone.