Todd Chandler
Best Practices For Structuring Partnership
9 May 2024 | 9 replies
I tend to categorize investors into 3 groups: Group 1: Too much deal flow and bandwidth but not enough money - (Lending is the key to this group's success/scalability)Group 2: Too much money and not enough deal flow - (All cash investing is the right decision).
Jerell Edmonds
House flipping . Understanding the process
9 May 2024 | 2 replies
She told me just like this hire workers that do great work , have a timeline for the flip she said about 3 months is a good time another thing that I found interesting if they don't get it done in that timeframe the lender charges them an extra 1500 each month until home is sold to get money back.
Daniel Dass
How to start STR in the States.
10 May 2024 | 15 replies
I know people that have spent money on courses and workshops, but personally I would rather put that money towards an investment.
Jason Hill
Mint is Shutting Down! Need Alternatives!
9 May 2024 | 9 replies
I'm already migrating away from Quickbooks next year, so I will no longer be an Intuit customer for any of their products.There are several other options -YNAB, Empower/Personal Capital, Quicken Simplifi, Monarch Money, etc.
Rebecca Cramer
Wanting to buy vacation rental in Ocean City, MD...HELP!
10 May 2024 | 3 replies
I just don't know if OC is too saturated with rentals for the summer and we would not bring in positive cash flow to make money off the rental.
Eric Kahn Gale
2-Flat: Replacing Galvanized Pipe with Copper
8 May 2024 | 33 replies
@Eric Kahn Gale if the pipes aren't having pressure issues I would not spend any of your money replacing them!
Davie White
My friend gave a private loan to someone and is asking can she deduct the principal
9 May 2024 | 3 replies
My friend loaned someone money for a real estate deal.
Eva Morel
Bought 4-plex -should i Kick tenants out?
6 May 2024 | 1 reply
I have a few options:1) raise the rents without touching the property (cash flow could then be around 1,500$/month 2) update the units (estimated 50,000$) and then (cash flow around 3,000$/month)2) update the units and do medium term rentals (cash flow around 4,500-5,000$/month)I'm also having trouble kicking the current tenants out with how bad our housing situation is as well as homelessness.
Aspen Jay
How much to pay a Realtor for an off-market deal
10 May 2024 | 10 replies
Money well spent.