Nick Gray
Where to Invest Between Deals?
16 August 2017 | 9 replies
Losing money due to inflation this year but I will never forget when I was a younger person and all the more senior employees I was around were panicking in because their stocks tanked...
George Smith
Creating Flipping File System
12 August 2017 | 2 replies
Before those, A PROJECT OPPORTUNITIES, B ACTIVE PROJECTS, C COMPLETED PROJECTS, D GENERAL ADMIN (contractor, vendors, employee files, educational books, scanned mails).
Scott Trench
Does Getting Up Early Have Anything to Do with Your Success?
13 August 2017 | 40 replies
I own a business besides My properties and I find getting to work even 1/2 hour before employees and clients makes a huge difference on how my day goes.
Anton Keith
Northern Virginia real estate networking groups?
27 February 2018 | 34 replies
Hello Everyone,I'm Anton, a recently retired public safety employee in the northern Virginia area and I would like to learn more about Out of state, Buy and hold investing.
James Richards
Investing in west Texas....Pecos
31 August 2017 | 14 replies
Again, this is not a stab at all drillers but as a word of caution that this is typically more common with this type of tenant.There are several different job types and stages in the oil field.Beginning of a well:Construction crews (builds the pad)DrillersPipeliners (come and go as well depending on the current pipeline infrastructure or lack thereof)Truck drivers (equipment)Fracking crews.After well construction:Construction crews/welders (build compressor stations and/or transfer stations)Truck drivers.After well, pad and construction is completed: (These are your more steady, longer term tenants)Pumpers/gaugers (maintain the well and oil/gas production from the well.)Production employees (manage the flow of gas and oil and sends those products to the buyer)Mechanics/maintenance employees (maintains compressor stations and other equipment)Environmental regulatory compliance employees (small number of these people)Truck drivers.I'm sure I have missed a bunch and not every well and/or company operates exactly as stated but that is the basics of it.I'm not sure if you wanted to read all that.
Terrell Garren
Buy and Hold Remodel - Add to cost basis or operating expense?
16 August 2017 | 5 replies
I used to try to keep track of capital expenses versus repairs but when you have hundreds of units and you have employees going to Home Depot every other day, trying to keep track of what on everything or receipt might be what category, or try to set up a depreciation schedule for 10,000 different things would be impossibleI just come up with a percent that's conservative yet fair.I consider X percent of my total materials and labor to be capital the first year, and a smaller percentage to be capital the second year until it finally stabilizes for year 3 on.
Cheryl Naegel
Indiana wage garnishment
20 August 2017 | 7 replies
Indiana now recognizes Voluntary Wage Assignments, which are to be signed by the debtor and the creditor, or the creditor’s attorney, and submitted to the employer.I worked at a loan company through college and later I owned businesses where employees were garnished.
Winnie Lei
bank owned foreclosure auction website
28 August 2017 | 9 replies
The buyer signs the disclosure for many banks that he's not affiliated with the bank, or relatives of employees of that bank - Chase does have this disclosure, BofA, Citi?
Nate Hedrick
Pharmacist by day, Real Estate Investor by night?
12 June 2020 | 55 replies
In pharmacy as a salaried employee, working harder often just means longer hours.
Rob Lawrence
Do you think it matters if you use a 5% or 6% commission?
21 August 2017 | 46 replies
Some companies make their employees pay out of pocket for marketing so they can undercut you at 5% b/c their split is higher.