Chris Magistrado
Defining Crystal Clear Criteria (CCC) for Large Multifamily Investments
9 January 2025 | 0 replies
Property ClassProperties are categorized by class, impacting their quality, condition, and investment profile:Class A: High-end, newly built, prime locations, attractive to institutional investors.Class B: Good quality, older than Class A, with minor deferred maintenance.Class C: Older properties with dated amenities, but value-add opportunities exist.Class D: Distressed properties in less desirable locations with high risks but potential for significant improvement.4.
Stacey Olson
Looking for a Stellar Property Manager in Cullman, AL
9 January 2025 | 4 replies
If you ever have the desire to sell please let me know, Best of luck!
Kenneth Joseph Perfido
Should I Pay Off My VA Loan Quickly or Keep Leveraging Debt?
16 January 2025 | 3 replies
If you have no desire to actively pursue other investments where you make more than a 2.8% return, then by all means pay it off faster.TYFYS and best of luck!
Christopher Morris
Is Relying on Cash Flow Feasible?
13 January 2025 | 57 replies
This is why very often "buying for cash-flow" has less than desirable outcomes.
Meghan Foster
Personal RV Used for Business: Tax Implications
16 December 2024 | 0 replies
We purchased an RV last year under our personal names that is primarily used for business travel.
Tyler Davis
QuickBooks Plan for Managing Rental Properties
7 January 2025 | 3 replies
If you only have one LLC and don’t need entity tracking, you could get a lower subscription and categorize your properties as ‘customers’, then units and tenants would be sub-customers.Simple Start would allow you to invoice your tenants (if desired through QBO) and produce basic reports.
Marshal Butterfield
New Member Introduction
15 January 2025 | 9 replies
I’m a 41-year-old father of six who loves the Lord and is driven by a desire to build a better future for my family through real estate.I own a small tile installation business, am a certified insurance agent, and am currently in the process of obtaining my real estate license.
Owen Reeter
At what point in real estate do you really become financially free?
6 January 2025 | 2 replies
I was specifically interested in his 2nd plan which was "Building wealth through single-family homes" where he basically says you save enough to buy your first property along with enough for other fees and then you just keep saving the money you make from that property along with some money you save from your job and once you have enough money you buy your next property and then you basically just keep repeating that until you have your desired amount of properties.
Lenny Montesano
New aspiring investor seeking mentorship
27 December 2024 | 2 replies
Playing sports isn't forever and I know a 9-5 isn't for me, I am very much desiring to get ahead and learn how to build wealth from all those smarter than me!
Melvin Lamont Evans
The Ultimate Guide to Prospecting Pre-Foreclosures: Do's and Don'ts Revealed
18 January 2025 | 0 replies
This lack of competition can allow for more favorable negotiations and greater chances of securing desirable properties.Since pre-foreclosures are not yet on the market, investors can often negotiate directly with homeowners, potentially resulting in more flexible terms.