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All Forum Posts by: Mayank S.

Mayank S. has started 17 posts and replied 181 times.

Post: Tax advisor/ cpa wanted lake county area

Mayank S.Posted
  • Investor
  • Herndon, VA
  • Posts 185
  • Votes 74

I believe @Sharad M. may be able to recommend you one in lake county, IN area.

Post: Having trouble renting my first investment property (Denver, CO)

Mayank S.Posted
  • Investor
  • Herndon, VA
  • Posts 185
  • Votes 74
Try different property manger to compete for your business. Whoso ever get to find the tenant first and lease would get your business. I heard one podcast and remember someone mentioned this strategy...

Post: Success Path...is it worth it? Do they help fund ur deals?

Mayank S.Posted
  • Investor
  • Herndon, VA
  • Posts 185
  • Votes 74

Sounds like some guru program or bootcamp who is upselling you to pay for their mastery program. If that is serious amount of money which I believe it is then I would just not pay for it. I had attended similar 3 day seminar with Fortune builders. It was great start to give me good idea about Real Estate investing strategies and niches. Made sense for me as I was newbie and didn't understand even R of REI back then. Thankfully didn't shell out 25-30k worth of their program. It is serious money and rather discovered this great site and since then hangin on to this one to educate through podcast/blogs ,network w/ other investors and engage myself by asking question in the forums. That was one of my best decision. I invested that money in my first few deals and got real time experience.

Post: Buying through a turn key company

Mayank S.Posted
  • Investor
  • Herndon, VA
  • Posts 185
  • Votes 74

you must negotiate the price. Normally TK companies sell their products at retail or sometime higher than fair market value. Do your due diligence and check FMV before you make an offer. It is always a bad idea to pay more than FMV. Not for homes but for any investment as a general rule of thumb.

Post: deal analysis

Mayank S.Posted
  • Investor
  • Herndon, VA
  • Posts 185
  • Votes 74

what's your objective with the property? buy and flip after few years with potential appreciation or hold for cash flow. Obviously I don't see any cashflow with the numbers you mentioned. If that's not what you are after then it may make sense to buy, fix and flip. I don't buy for appreciation and feed the property out of my own pocket to hold, it should be self sustainable i.e. cash flow. 

Post: Indianapolis, Indiana Area - Agent and Property Managers

Mayank S.Posted
  • Investor
  • Herndon, VA
  • Posts 185
  • Votes 74

Realtor @Jennifer Roberts and for PM @Ashley Mullin... Both are excellent and work under one roof.

Post: First invest in Indianapoliss

Mayank S.Posted
  • Investor
  • Herndon, VA
  • Posts 185
  • Votes 74

you can reach out to @Account Closed, @Jennifer Roberts, @Ryan Mullin.

Post: What's your day job?

Mayank S.Posted
  • Investor
  • Herndon, VA
  • Posts 185
  • Votes 74
Software developer

Post: Investor tool NWI

Mayank S.Posted
  • Investor
  • Herndon, VA
  • Posts 185
  • Votes 74

I'll be interested

Awesome post and Congratulations @Brandon Hall. Your post are very insightful. Real estate Taxes  realm is not so well understood area for many investors and your blogs has provided great value to investors. I am glad we connected already and I'm letting the world know Brandon is my CPA :-). Thanks for your contribution and wish you much more success in RE and CPA biz.