Who in your inner circle–your family, your close friends, your 1st cousins, parents, grandparents, aunts, uncles, high school buddies, etc– knows EXACTLY what you’re doing in real estate investing? Hopefully, you can say with confidence: all or most–but realistically, very few or none of those individuals know what you’re doing
Written by: NCH If you’re self-employed, or if you’re paying someone that’s self-employed, you need to be aware of the rules for issuing 1099’s. The IRS has established guidelines for reporting various income that is not reported on the standard W2 Forms. There are 21 different 1099’s that can be
InvestNext If you are raising capital for a deal, having an investor portal will make tracking investor cash, communicating with investors during and post-closing, and organizing legal and tax documents 100x easier than your own excel spreadsheet. Ha! So, this first one matters less if you are putting together a
So, you bought this nice (or maybe not so nice) little mobile home park. You’re excited. You know there’s a ton of potential and plenty of value and equity to build into this asset over the next couple of years, but who will manage this whole operation daily? I have
So you can not only use credit cards to leverage bonus rewards, but to increase your credit score above 800 and keep it that way! Disclosure: this is not financial advice! I will be offering insight from my research and personal experience. Some of the recommendations I make might in
The past couple of years have had their ups and downs; some would say more downs than ups. A pandemic has swept the world, and we are still working through it, but I know the market caught a lot of people by surprise. The real estate market, I believe, did
Here are the top 3 mistakes you need to avoid when raising capital for multifamily syndication deals. Mistake #1: Raising Money Only When You Have a Deal We just had another conversations about this in our Multifamily Mastermind… Always be raising! How? What does that mean? If you get access
Here we go… a no stings attached, step by step process to help you build a rockstar commercial and multifamily investing team! #1 – Get to expert status Always be learning, always be studying, always be curious, always be a student of the industry and of personal and professional development.
There’s been some discussion about umbrella insurance policies in the ADPI Facebook group, but many people don’t realize that an umbrella policy exists or is a viable option. Let’s discuss the advantages of these policies and how you can determine whether you need one. What is an Umbrella Insurance Policy?
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