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31 January 2025 | 7 replies
I would appreciate any advice on anything I may be missing with putting this together or should neogotiate before finanlizing.Negotiated so far:Property: 9 Unit - 7 Apartments + 2 Commercial Garages (4 unit apt building + 3 unit apt building w/ commercial garage attached + standalone commercial garage on same lot)Background/Why owner is selling: A seasoned builder of 50 years, the owner purchased the property in the 1970s for around $8,000.00, later developing three apartments and two commercial structures.
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19 February 2025 | 17 replies
In addition tenants can choose to have their payments reported to a credit bureau to build their credit.
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28 January 2025 | 11 replies
@Josh Young - Are there opportunities to buy new builds for investors?
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5 February 2025 | 9 replies
By year three, I aim to cover all operating costs and, by year four, to generate positive cash flow.Experienced investors say it’s crucial to persevere through the initial challenges while gradually building credibility through positive reviews, and I believe them.
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28 January 2025 | 2 replies
HOWEVER, there are two completely separate apartment buildings on the lot.
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22 January 2025 | 203 replies
What no one has yet mentioned is the movie industry.
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5 February 2025 | 10 replies
I have a follow up question from yesterday's as I continue to build my team in Akron/Canton, OH for STR's.
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30 January 2025 | 0 replies
Building a Consistent Pipeline of Distressed DealsOne of the significant challenges in scaling your operations is ensuring you have a steady stream of promising distressed properties.
31 January 2025 | 2 replies
They develop, they build, they finance, they property manage, they will have HAO, cleaning crew etc. etc. etc. so the subsidiary companies make money every step of the way.From investor perspective: The investor pay $15 K to reserve the right to purchase 25 multiplex over the year of next 5 years. 5 each year.
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25 February 2025 | 11 replies
Quote from @Brian Dela Cruz: Data entry clerks - likely to miss deductions, overlook credits, miss carryforwards, make mistakes on tax law limitationsCPA - get it right, reduces errors, and helps you in building your wealth through tax savingsWhat are your thoughts?