3 October 2023 | 31 replies
The course potentially would have saved us $50 - 100k on our purchase if we had done things in the "right" order and properly implemented all of the due diligence.
2 October 2023 | 6 replies
The application and underwriting process is also less stringent compared to traditional lending sources.If you’re looking to understand the differences between hard money and private money more in depth and want to pursue one of these strategies, you can check out the article I wrote here which goes into more detail on the differences between the two:https://www.biggerpockets.com/forums/67/topics/1142068-the-investors-guide-to-private-loans-vs-hard-money-loansAs I grew my toolkit and did more deals, I used creative financing.
19 January 2019 | 17 replies
This year our goal is to start implementing at least 4 new marketing channels - 1 per quarter and have a higher volume and more consistent deal flow.One of the challenges of participating on a discussion forum like this is that you have to take everything with a grain of salt.
1 August 2020 | 12 replies
The council is also considering some new rules it may implement over the next two years which include:-Increasing the fines for advertising or renting a short-term rental without a city permit to $5,000 for the first violation, $10,000 for a second violation, and up.
25 September 2023 | 4 replies
Geogrid RV Pads: Implement geogrid pads equipped with 30a or 50a service, water, and sewer connections, ensuring a seamless and high-quality experience for RV enthusiasts.Market Dynamics: The potential for success is underscored by the strong demand for RV parks in the region.
13 December 2020 | 13 replies
If you are able to implement a real estate professional status tax strategy (REP) you can use passive losses from syndication deals to lower your ordinary W2 income.
4 October 2023 | 1 reply
However I haven’t implemented any of it yet.
25 October 2018 | 63 replies
Your underwriting model is pointless if it doesn't have any implementation in the real world, aka it is not part of a larger engagement, aka business process/model.
8 October 2023 | 2 replies
@Richard Justin Implementing a good property management software is a great move and will save you tons of time and most software is easier to use, and far better for property management, than Quickbooks too.
17 January 2022 | 10 replies
The specialty firms referenced in above posts would be the best choice, since they also offer transaction funding (that by-passes a lot of problems) and have experience and implement best practices (like correct two-policy title insurance, proper contracts, disclosures, etc.)