All Forum Posts by: Cody Z.

Hi All,

I am looking for business owners that need heavy automation in their excel activities or processes. I have almost a decade of experience in automating excel and other manual processes (CPA by trade who has worked for a top accounting firm and Fortune 100 companies).

If you need automation in your life and want yourself or your employees to get hundreds of hours back a year please feel free to reach out to this ad.

Pricing will be based on the specific project and ask requested but I am not here to gouge anyone.

Looking forward to speaking with you and feel free to ask any questions you may have here.

Cody

Hey Tim,

Yes, we will be hosting once a month at a minimum but might be moving towards 2x a month depending on the topic. Stay tuned!

Thanks for coming to the meetup everyone! It was a lot of fun and I am looking forward to speaking with you all on a regular basis.

Hey Brad,

That's great to hear  - would be curious what some of your numbers look like in July/August and what the duration is for the bulk of your stays.

Hey Paul,

Thanks for the clarification! I'm not very familiar with the southern beaches but I would imagine it has to do with the proximity from metro areas where earning potential is higher. Also, a much longer commute for a lot of people who are traveling down to the shore for a weekend. Just my .02 cents but curious what others think.

Hey Joe,

Same! I'm definitely looking to speak with you more. Unfortunately, this meetup has always done last Thursday of every month.

Hey Paul!

Are you referring to Monmouth vs Ocean County or are you speaking about a specific town?

I have used Rentredi and would definitely recommend them. The only issue I have had with RentRedi is that they hold rent for a few business days due to their ACH clearinghouse. I pushed to have them change it and now only have a 1 business day hold. In addition, I have been told they are changing functionality from the tenant side to allow them to have live linking to their checking so this will remove extended hold times for rents paid to landlords. Good luck! 

Hi Everyone,

Virtual meetup for next Thursday is posted in the events section below and on meetup.com. Looking forward to seeing everyone.

https://www.biggerpockets.com/...

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Belmar.

Purchase price: $370,000
Cash invested: $150,000

203K Rehab of Detached Two Family House in Belmar, NJ.

What made you interested in investing in this type of deal?

Wanted to house hack on the first deal and grew up in the area so this was a no brainer.

How did you find this deal and how did you negotiate it?

Off of the MLS. Went on the market and the price was reduced by $100k within a week so immediately went to go see it and made an offer on it. Was outbid and the other buyers eventually fell through but the Seller liked me during the showing so she chose my offer.

How did you finance this deal?

Traditional 203k Loan.

How did you add value to the deal?

Gutted both units and rebuilt them from the foundation up. Once completed, I fully furnished both units to turn them into short-term rentals.

What was the outcome?

Units have become a unicorn for me and now gross upwards of $45k+ from MDW to LDW. Winter months cash flow $200 a month so operating costs are covered.

Lessons learned? Challenges?

Too many to list but feel free to ask specifics lol.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes, my lender was great.