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10 February 2020 | 7 replies
Hello team,I wanted to see if anyone had a great recommendation for a tax accountant that focuses on real estate and broader tax planning?
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11 February 2023 | 26 replies
Out of consideration for the broader community it would be prudent to let them know and even give them the ability to weigh in (or add value in their own unique ways).
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17 February 2016 | 18 replies
We call the account "maintenance reserves" that's accurate for a few properties, but as you grow into a business I prefer "Operation Expenses/Reserves" taking in a broader definition for what if the stuff hits the fan.
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15 February 2023 | 4 replies
At present the parklets have been out for a year and, according to the city have had no issues.The Village Parklets are part of the city’s broader People Movement Project to connect the town with active transportation infrastructure, including the San Dimas Wash Greenway.
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16 March 2023 | 1 reply
This is because, despite recent layoffs in the tech sector and the broader economic factors mentioned above, the fundamental "boom town" story of the Austin economy so far remains largely unchanged.According to the Austin Chamber of Commerce, “Austin added 71,000 jobs, growth of 5.8%, in the 12 months ending in January, making it the third best performing among the top 50 metros.”The Austin economy made up all of 2020’s pandemic-related job losses by April 2021.
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23 October 2022 | 18 replies
Without the broader picture hard to really estimate.
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16 February 2023 | 5 replies
I have a feeling we will maintain values OK in a RE crash this go around as oil fundamentals look to be steady-ish long term regardless of broader US financials because of externalities beyond the USA.
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16 February 2017 | 79 replies
You can build the skills on the cheap and build a broader network in your spare time, both locally and internationally.
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6 December 2022 | 11 replies
I think it sounds like he probably understands that each deal will have to be analyzed on its own merits, but was just wondering about broader more high level things people follow (like the 1% rule in LTR) that can tell you right off the bat if a deal is even worth running the numbers on before you spend a bunch of time on it.The answer I think is it depends on who you ask, buyers or sellers.Sellers - The 10% RuleIn a vacation rental market where a high percentage of homes are STRs and home values are essentially based on STR revenue (they still appraise as residential homes but the market sets their values based on what works for investors), a home is typically listed for 10x its gross annual revenue.If you go look in the Smokies or in Destin or markets like that, if a home does $120k gross annual revenue then it will be listed somewhere around $1.2M.
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12 January 2023 | 5 replies
But personally, if I was passively investing, I would be more interested in the deal-by-deal syndications than the broader funds.