Nico Terruso
Anyone running Facebook ads to generate motivated seller leads?
22 October 2024 | 3 replies
This is usually done through a series of videos (we provide the scripts) before telling them to sell their house to you over your competitors.Other clients, who don't feel comfortable recording videos, can still get good results but it's done through images / infographics and other content that helps build your brand and authority.How are you generating MS leads these days?
Laurieann Frazier-Duarte
Considering converting primary home into first rental investment
28 October 2024 | 8 replies
Cashflowing $1,200 on a rental would be solid, but to do that you are going to need to generate cash from taking a HELOC or some other loan so it doesn't really make sense to me.
Steven Mendiola
How Hard is it to Find Tenants?
31 October 2024 | 18 replies
@Steven Mendiola admire your gungho attitude, be sure to temper it a bit with reality, but don't lose you energy - it can help you recover from a lot of mistakes!
James Brand
Accountant/CPA who is Stessa savvy?!?
31 October 2024 | 10 replies
The reports you can create with Stessa, such as an Income Statement, Balance Sheet, etc, are similar to the kinds of reports accountants are used to working with since other finance/rental software also generate very similar types of reports.
Stefan St. Marie
How do you calculate gross revenue?
29 October 2024 | 9 replies
Now its just a way to generate more revenue per booking.
Greg O'Brien
Clearing Up Confusion on Tax Treatment of Short Term Rentals
1 November 2024 | 48 replies
The second piece is whether or not you pass the Material Participation Tests found in IRC 469 and the third piece is whether your participation rises to the level of Substantial Services (think hotel, B&B).4) My CPA Says I can't deduct a loss that was generated!
Jacque Mihovk
Boston Investor Struggling to Start
3 November 2024 | 21 replies
Maybe start finding deals to wholesale, which will sharpen your deal evaluation skills and generate cash for future investments.If you find really good eals, you could even require that you participate or get a piece of the deal.
Kyle Fitch
What would be my earning potential?
31 October 2024 | 12 replies
Hi Kyle,Given your plan to acquire 19 rental units over 10 years, here’s a realistic projection:For cash flow, assuming each unit rents for about $1,200 to $1,500/month and generates $300-$400 in net cash flow after expenses, you could see $68,000 to $91,000 annually from 19 units.Appreciation typically runs at 3-5% per year.
Robert Cardinal
Introduction to REI
30 October 2024 | 13 replies
What Im looking for with REI.... is to find financial freedom, to build generational wealth, to bring my family together; my brothers, my children, and their children into a business Im not only passionate about, but proud of.
Jonathan Greene
Constructive Criticism Will Help You as a New Investor More Than Blind Faith
8 November 2024 | 53 replies
If someone does the work to generate a meaningful question, I wish there was more respect given to those folks.