23 April 2019 | 1 reply
reviews and will not ping you in general if we have that or similar).SUPER EXTRA BONUS HINT: You already moved those down payment funds from your "business" checking account into your "personal" checking account 3+ months ago, so I'm not going to have to ask your CPA to write a letter "promising" that the use of "business" funds for your down payment will not impact your business operations (mini hint: no reputable CPA is going to write that letter FYI, see above about insurance...).Your self-prepared ("stated income") 2019 YTD P&L shows that you're doing even better than you were in 2018 or 2017.If you did ALL of the above including the super extra bonus hint: Then I'm over 60% sure that your 2018 taxes will be the ONLY basis of your income calculation, assuming of course an above-average competence lender local to the state where you are buying real estate.
27 April 2019 | 2 replies
It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.
23 April 2019 | 0 replies
Due to zoning it can not be a Muli-unit due to the extra taxes, so will build SFM and later upgrade it to Multi-unit What made you interested in investing in this type of deal?
29 July 2019 | 39 replies
You've traded extra potential return from forced equity for the luxury of having your time and energy back and having someone else shoulder the rehab risks.For some investors who don't work full time or just think DIY stuff is enjoyable, it seems crazy to trade away forced equity return for convenience, which is where a lot of turnkey naysaying comes in.
23 April 2019 | 6 replies
@Vinay Kolluru, there are SOOO many variables that making a recommendation without a property data tape would be criminal.
24 April 2019 | 4 replies
A quick bit about me- I'm a UGA graduate finishing up a degree in Computer Science and Data Science (Go Dawgs!).
24 April 2019 | 11 replies
Successful people rarely have a lot of extra time and you need to make it meaningful and worth their while.
23 April 2019 | 2 replies
I forgot what episode of the podcast but someone said 6 months rent extra savings.
23 April 2019 | 0 replies
As it stands now, it collects water and tenants will often use it for extra parking.
24 April 2019 | 6 replies
It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.