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26 September 2024 | 10 replies
Recommendations for career transition include speaking to agents, exploring brokerage firms, taking classes, and using resources like books, podcasts, online communities, and mentorship.Good luck!
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25 September 2024 | 6 replies
I would think most landlords, who choose to be landlords in very Tenant friendly San Francisco, would pony up the 5.2% knowing that the rate has gone up and down throughout time, unless they want to run the risk of their tenant's finding out and called out as being a bad landlord, being taken on by the very helpful San Francisco Tenants Union or taken to Small Claims Court.Maybe there is a silver lining in California's recent change in security deposits that limit it to one months rent when it used to be up to 2 month's rent for unfurnished units and up to 3x for furnished units.By the way, I took a look at your Company, https://www.getwhale.co/ Since your firm is only offering 4.2%, were you trying to market in San Fran before discovering the Rent Board rate?
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24 September 2024 | 2 replies
But I have started to take my real estate endeavors serious over the last year and my studies much more serious over the last 5 months and although I may not be ready, I am ready and eager to take that leap of faith and try and put what I know into affect with the right people and obtain my first property in the West Texas area via House Hacking or a buy and hold deal within the next 60-90 days.
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25 September 2024 | 9 replies
If not, I recommend commissioning one and only taking their counsel on tax-specific questions.I have a list I keep updated and recommend through our REI bookkeeping firm if you don't currently have one.They can walk you through exactly what you can and cannot write off during these trips and what you need to document in order to write things off.It's not necessarily a simple "yes" or "no".
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30 September 2024 | 46 replies
I’m eager to learn from your experiences and connect with fellow investors who are passionate about short-term rentals.
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23 September 2024 | 2 replies
Since then there have been many changes to Colorado landlord/tenant laws and as a result, I bought a local attorney's lease (actually a fairly large law firm).
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25 September 2024 | 2 replies
Hi Randy,The reason small apartment buildings haven’t seen the same price drops as larger properties comes down to a few key factors: 1031 exchange buyers inflating bids, strong demand for limited supply, and sellers holding firm on prices since they’re not under financial distress.
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25 September 2024 | 4 replies
Hey Dave, I have not found it common among the accounting firm owners I know to take on clients who just need one-off review on part of the tax return.
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24 September 2024 | 8 replies
Columbus has ranked on the top 10 markets that outline that for the past 6 months at least. the best place to buy new builds is in higher priceopint markets but where the costs haven't gotten out of control. besides that I'd recommend working with a vertically integrated land development, real estate development, and new construction firm or design build firm who also understands market conditions.
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24 September 2024 | 4 replies
To thrive in real estate investing, you must maintain a firm grip on your finances.