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6 October 2021 | 2 replies
Is hiring an accountant worth it at this stage or can I figure this out easily.
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13 October 2021 | 3 replies
PR is not a sleepy island where a lot of deals will be easily found. it takes time, connections, and being creative.
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5 October 2021 | 5 replies
I have been reading on here how good of an investment a mobile home park is so here's what I did:Contract Price: $825KAnnual Gross Income: $121KAnnual Net Income: $100K26 Pad MHP (all trailers owned by the park) with 2 pads open, rent way below market value (can easily take the $121K up to $140K)3 additional storage buildings, 1 building consists of 12 mini-storage units.Any advice on this going forward?
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6 October 2021 | 1 reply
When you work a job that is not fulfilling or in line with your goals, things can easily get thrown out of balance.
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6 October 2021 | 5 replies
With that being said, you can easily look up assessed values so you can tell where your taxes are likely to go in the future.
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2 November 2021 | 9 replies
I recently sold a rental property and would like to try and defer all or part of the proceeds. i dont want to exchange into another self managed property...would like to take a break from landlordingthank youHi David, crowdfunding is great if you are an expert at evaluating offerings on your own.
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5 October 2021 | 4 replies
Seems like forming an LLC makes sense, but then new LLCs can't get financing very easily so I'd have to finance in my own name anyways.
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6 October 2021 | 9 replies
Maybe once every month at most.If the cleaners are taking stuff then they can just as easily take it from the house too.
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6 October 2021 | 3 replies
Keeping the cash in my account enables me to more easily access it.2.)
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7 October 2021 | 6 replies
There are just two many pieces of the puzzle that the only real answer is to understand how to evaluate a deal and have a system that is flexible and allows changes and updates throughout a rigorous due diligence process.