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4 February 2025 | 6 replies
Do you have recommendation on Agent who can do this?
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7 February 2025 | 5 replies
Honestly looking at your situation I'm not sure I would recommend you do the taxes yourself, change of accounting method (F 3115) isn't easy for someone that hadn't done them before these online software companies make things seem easier than what they are, they are good for less complex situations.
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29 January 2025 | 14 replies
Does anyone have suggested property management companies they've used in Florida that they can recommend I reach out to, to see if we're a good fit for each other?
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23 February 2025 | 23 replies
I'm sure you have a great read on your local market but I'd recommend refraining from pretending to be an expert on a market you clearly know little about.Good luck!
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23 February 2025 | 25 replies
Don't be suckered into buying cheap properties - unelss you know exactly what you are getting into.Here's some copy & paste advice that applies to just about any Midwest rental market:--------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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3 February 2025 | 3 replies
The state will get its pound of flesh and my liabilities were better managed by executing perfect permitted work and excellent insurance.I'd sincerely recommend having a savvy CPA, Lawyer & Insurance broker.
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30 January 2025 | 2 replies
I highly recommend the book real estate by the numbers.
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28 January 2025 | 11 replies
As a side note, and maybe others will recommend this as well, obtain your real estate license instead if you are interested in pursuing sales full-time.
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28 January 2025 | 13 replies
My wife and I started managing more properties for others as word of mouth recommendations started and we started to use the management and arbitrage cash flow to acquire our own properties and fund the BRRRs we were working on.
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12 February 2025 | 75 replies
If you don’t know how to estimate repairs, I would recommend using a tool like Blue Hammer.