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29 January 2025 | 0 replies
The biggest lesson learned was managing stress.
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2 February 2025 | 10 replies
The biggest form of energy production in Tennessee today, nuclear power, simply wouldn't exist without many, many trillions in tax dollars to develop, not to mention the government stepping up to insure and protect the plants, manage and protect the waste for half an eternity, and clean up the trillion dollar mess in case of another disaster.
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26 January 2025 | 16 replies
Lastly, if you want cash flow so you can quit your job then you might want to consider strategies like flipping, Airbnb, property management, and being a real estate agent.
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22 January 2025 | 12 replies
I manage almost 400 apartments in Cook County at this point.
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21 January 2025 | 15 replies
Long term rentals are easier to manage and come with less risk.
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29 January 2025 | 5 replies
It sounds like you may not be cut out to manage rentals in which case you should probably sell.
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21 January 2025 | 2 replies
Are you currently self-managing or do you have a management company?
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31 January 2025 | 121 replies
Our goal is to bridge the gap between real estate investors and tax & financial advisors who truly get the nuances of REI.This tool is all about connecting folks like you with advisors who aren't just about managing investments or doing basic tax returns.
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7 February 2025 | 10 replies
If you are trying to raise a few hundred thousand to buy another 4-6 unit property, while I would not invest in someone with less than a year experience, I am guessing some of your pilot friends, other friends, or family members may be willing to chip in.Now, if you want to jump from a triplex to 80 units, raising 4-5mm of equity and another 4-5mm in debt, than I would just manage your expectations.
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28 January 2025 | 20 replies
For your GA LLC, filing correctly is crucial since you're based in CA and may need to handle multi-state tax filings.A real estate tax accountant can guide you on deducting renovation costs (likely capitalized rather than expensed for a flip), managing depreciation for investment properties, and tracking expenses related to your flip.