Suzanne Lee
In search of solo 401k provider
6 December 2020 | 18 replies
If you work with a quality provider, they will assist you with the basic administrative requirements to properly operate the plan and guide you with respect to IRS guidelines.Some custodians offer processing intermediary services for the Solo 401(k), not because that is a good service, but because they want to capture that market and gain fee revenue.
Jessica Vanderveen
BRRRR in Canada - any different than in US?
22 July 2019 | 4 replies
@Jessica VanderveenThe practice of buying an unloved property at a good price; forcing appreciation by updating the business (modernizing the property and increasing the net revenue); and refinancing the now more valuable property/business had been around a long-time before it received the BRRR acronym.You can do this in Canada just as well as in the U.S.A.
Ken Yeung
Tenant paid the entire rent for the duration of the lease
12 July 2019 | 17 replies
A lot of international people from Asia and Europe, who had money, would pay the whole year up front, to get the place they desired.
Brian Cheng
Numbers don't make sense (even with huge obvious profit margin)
11 July 2019 | 8 replies
Never understood why anyone would need a calculator to run financials on rentals.. there are only a few plug numbers its pretty simple math.and since income and expenses are never fixed and change from month to month or year to year.to be its just big numbers.if you self manage A B take off 30% of revenue.. if you out source 40 to 50% if its C class take of 40% for self management and 50 to 60% for out source.run those numbers and see if whats left over covers our mortgage that's all you need..
Elan Suret
Financing an investment rehab
11 July 2019 | 2 replies
There's HML's who do two tiered lending - initially to purchase and rehab for 6-12 month terms (10-12% interest) and then refi it internally into a long term product (6-8% interest).
Axel Meierhoefer
Looking for rating on Table Investments for OKC deals
30 March 2022 | 31 replies
If you look at our top employers based on percentage, revenue, number of employees.. oil and gas aren't what drives our economy.
Account Closed
How do I find investors interested in higher risk investments.
20 July 2019 | 18 replies
Financing the purchase and development and repaying over time makes it easier to swallow, provides a means of security for the residents and the primary source of revenue for the development company, I.E. my company to operate toward the next community.
Kerry Baird
Nearly finished with first 5 stays
12 July 2019 | 10 replies
I wouldn't recommend blocking until the next day so that you can get it done as you will lose revenues that will exceed the cost of just dropping off laundry at the laundry service.
Michael Kugler
How would you price our property
13 July 2019 | 4 replies
Additional revenue on these condos will bring in approx. $60,000.