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26 April 2024 | 11 replies
If there are major errors on the return, it doesn't matter how cheap the cost of his services.At the very least, you may want to consider getting your tax return reviewed.Best of luck
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24 April 2024 | 3 replies
My husband and I are new to the real estate investing world and I am contemplating doing the Rookie bootcamp, has anyone done it?
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24 April 2024 | 3 replies
I found after years of trial and error that it's best to have a separate Scope Of Work (SOW) that has every detail in it, and 'attach' it to the Contract as "Exhibit A' (for example).
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29 April 2024 | 113 replies
There's the rookie podcast, and some of their problems/hurdles they faced were essentially mocking what some people would have to deal with today, if they entered the REI space.
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29 April 2024 | 64 replies
You can run your own comps on Zillow/redin make sure you understand your local market and how much finishes, bed bath count effect prices, don’t lie to yourself about arv or project it to go up that’s how you end up in trouble.if you can get all those variables down, while things can still happen/go wrong you should have a good ball park of the potential profit margin, always room for error in your net profit, markets can shift, you can get hit with unexpected expenses etc.
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29 April 2024 | 168 replies
In a $500k+ house this is a rounding error.
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24 April 2024 | 7 replies
I’ve been investing for 4 years now, so fairly new but am finding the majority of my unexpected expenses come from tenant stupidity or tenant errors.
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24 April 2024 | 6 replies
I have no idea how much your place rents for, but it wouldn't surprise me if a couple hundred dollars is a lot of money for your tenants and a rounding error for you.
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24 April 2024 | 3 replies
The RE Rookie podcast from Bigger Pockets is FANTASTIC!
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24 April 2024 | 6 replies
The room for error is very large.