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I know flippers sometimes write penalty phrases into contracts ("must complete by XXX or pay $/week/month"). Do you ever pay your GCs extra when they get it done on time or early? Or, are they being paid to do that al...
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I received a CP2000 notice from IRS and send to my accountant who prepared taxes. The inquiry was resolved with a simple letter to IRS explaining where income (rents) were accountant for in LLC return. The issue was...
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I wanted to share with you a situation that recently came up with one of our rentals regarding service dogs. Please note we are located in Pennsylvania, though this issue is at a federal level. The Situation: Our ...
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Ever since I started mentioning on this forum that I hire offshore virtual assistants to run my STRs, I’ve received a bunch of DMs asking me Qs. So I figured it’s easier to write a post that can help everyone...
Why ...
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So, far I own one real estate investment, that is 2 months old. So, I do not have much experience.
I want to take the leap into Real Estate Development.
A few blocks from my house, at a busy 4 way intersection, acros...
How do you go about cold calling someone, and what source would you recommend to skip trace?
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I'm currently considering working with one of the few companies I've found who would lend 100% financing for real estate flips. Most require a Minimum of 3 Flips/BRRRs in last 5 years (or a co-signer that meets those ...
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I wanted to help you guys out. I am finding local wholesalers do not know actual costs to fix a property properly.
I have seen a few tell me $15k in repairs when I know that is the materials costs......no clue
reas...
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As we close out the books on 2017 and look back I'm proud of how far we've come. It was a challenging year, and I enjoyed every minute of it. Hiring and managing people is a most difficult task and it should be done...
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Hey Everyone! I have been thinking of the pros and cons of becoming a property manager. First of all, what are the necessary skills to become a successful property manager? How can a college student like myself jump s...