All Forum Posts by: Dassi Lazar

@Joe Norman

You're successfully pulling every penny you put in?

I agree deals are still to be found, but pulling out 100% is unlikely now. But it's all up to the appraiser 😉

@Joe Norman True BRRRRs are in the past in Baltimore County. At least for now. I did many of them a couple years ago.

@Briana Gilbert what questions do you have? I'm an investor and realtor that focuses on Baltimore County.

@Steven Hamilton II

I do everything 100% according to law. Thanks for your input.

@Steven Hamilton II

In general I don't count on any government money for retirement or disability. I put money away for that. Who knows if social security will even be around when I'm ready for it. I don't think it's a good idea to give the government your money for rainy days... There's other places to give it to that will also give you tax benefits.

@Steven Hamilton II

I honestly can't remember exactly what he does and why. We had the conversation a few years back but he has been doing this for 40 years and isn't a CPA who treads the waters. I completely trust what he is doing. I have a few things going on so that could be why he advised me to do it this way and not loose benefits.

@Patrick J. I am the only one on Payroll so he doesn't charge that much (not sure exactly because I pay a lump sum with my rentals and flips). But he did the math and said the break even point was at $60k which I surpass so it definitely has been worth it. 

@Patrick Johnson yup I am. My accountant said it with it once you are making over $60k.

@Jerell Edmonds I started out and still continue to buy single family in particular rowhomes. I found that those cash flow much better. The rents are the same in my area and you can get them the fraction of the price. I love the idea of owning everything 100%. I don't have the pressure of anyone wanting their money back or having to ask permission to do something.

@Robert Stamper

All my rentals are rented to section 8 or some kind of government assistance. The most important thing for me is their track record. Have the been to rent court? What do their previous landlord say about them?