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This is the most basic budget question. My wife and I use Mint.com to track our finances and we just finished sitting down and looking at our spending for the year. This gives a really good place to start for a budg...
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Is anyone using the software YNAB (You Need a Budget) to operate their rental business? We currently use Quickbooks, but it lacks the budgeting portion that I am finding more and more critical to mapping out our cashf...
Title says it all. Since I am starting out, I am just curious about how much you guys spend on renovations or if there is a rule of thumb? I want to calculate it as a percentage of the purchase price that I can apply ...
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I've been doing this a long time and I get asked time and time again what tips I have for new investors when it comes to flips. Here are some of my top tips!1. Before you start trying to guess what the renovation cost...
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Let's say my rehab budget is 40k. How much of that would I need to pay the contractor? What is the general rule of thumb when it comes to this?
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G’dayHow do you track your expenses and find a balance between being a spendthrift and being too conservative? What does that middle ground look like for you? Many ThanksAhmed Aboelela
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I'm just curious why most people avoid having budgets. I recommend to my buddy a budget app and he doesn't want one until later in life when he has more expenses. What's your thoughts on the idea of having a budget? S...
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Is there an app that will layout a small scale development? Just to use as a starting point to estimate costs? Say adding a cul du sac and a few lots to a 2-3 ac parcel in a town.
One of those antique houses built in the 20's. I really want to get into this one because it it right across the street from where I'm currently living and I believe I can fix it up real nicely and make a profit from ...
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Many investors are familiar with the concept of cost segregation studies and may have even had studies performed on their properties. But are you using it to its full capability as a planning tool within your real est...