David Nacco
Setting Goals, Short and Long Term
16 September 2019 | 4 replies
Weekly Goals- [ ] Prospect new luxury home clients 3x per week- [ ] Make an offer on 1 investment property per week Monthly Goals- [ ] Read 2 books per month- [ ] Sell 4 homes per month Yearly Goals- [ ] Get a business tablet and computer by the end of the year - [ ] Lost 30 pounds- [ ] Sell one house per year priced over $1,000,000- [ ] Make $150,000 per year- [ ] Take a small get away with the family such as camping or a weekend vacation every 3 months - [ ] Take at least one big vacation a year - [ ] Flip 4 houses per year Long Term Goals- [ ] Become a Certified Luxury Home Marketing Specialist - [ ] Become Certified Military Relocation Professional - [ ] Become Certified Resort and Second Home Property Specialist - [ ] Own 10 rental properties cash flowing an average of $300 per month after expenses and reserves - [ ] Hire first employee for real estate agent business- [ ] Buy a franchise of an existing brokerage or open my own brokerage - [ ] Improve credit score- [ ] Pay off all credit card debt- [ ] Pay off car - [ ] Save 1 year of living expenses in emergency fund - [ ] Pay off house - [ ] Build 3 Streams of Income - [ ] Drive a Tesla Model S - [ ] Drive a diesel, 4wd Ford F250- [ ] Buy a boat - [ ] Buy a Rolex- [ ] Become a net worth millionaire - [ ] Become a cash millionaire - [ ] Build a custom home/farm in Georgia with enough land to start a hobby farm when I retire and hunt on the property - [ ] Donate at least $1000 per month to organizations we believe in
Thomas Hatley
Inherited Schizophrenic Tenant
17 September 2019 | 22 replies
I suggest your goal be to avoid undo harm *while pursuing your legal rights and objectives*.
Gloria Sheridan
Want to Hire an Experienced RE Advisor. Recommendations?
11 October 2019 | 4 replies
Your RE investment advisor can't offer objective insurance advice, nor can your your attorney counsel you on accounting matters.Instead, I'd recommend you begin assembling a small team of best-in-class professionals with expertise in a single discipline and a willingness to engage with you and other members of the team.
Eric Littlepage
Need help assessing FICO score and new tenant
19 September 2019 | 5 replies
So since I've been contacted by TONS of people, I don't respond to every single one, but I figure that as long as I keep my objective standards high (FICO, income etc) then I am not illegally discriminating against anyone.
Nate Monson
Well Specialist Delanson, NY (Albany County)
25 September 2019 | 4 replies
I am looking for a new person or company who works on wells. I have a client who's on a well and the water runs pretty low sometimes. If anyone can recommend me someone who works with wells today I would greatly appre...
Natalie Kolodij
Tell me about a time when your LLC saved you...
22 September 2019 | 30 replies
(Tedious legal & IRS tax discussions omitted for clarity and brevity).As far as legal fees; I had specialists for real estate, tax & appeals and probably was into it for $125,000 in legal fees.
Bill Plymouth
Holding yourself accountable
23 September 2019 | 11 replies
Tracking, I use a Google sheet with daily, weekly, monthly, quarterly, and annual objectives.
Ben Thanyawatpokin
Hello Everyone! Newbie here.
18 September 2019 | 6 replies
Before you decide, have a discussion with yourself about what your objectives are in REI.
George Rodriguez
When to know that a direct mail campaign is not working
20 September 2019 | 14 replies
Click2mail and listability have very good ones at a lower cost than many "specialists" here who simply rebrand and sell the same information.
Logan Reinard
Are all cap rates the same?
30 September 2019 | 15 replies
It's true in a lot of things that general rules fall apart at the extremes and I think that's true with real estate where very low end and very high end properties are a world unto themselves and you really need to be a specialist in those markets to do well in them.