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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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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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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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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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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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21 January 2025 | 2 replies
Are you currently self-managing or do you have a management company?
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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.
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28 January 2025 | 4 replies
I currently manage a portfolio of 17 STRs, some are mine, but a majority for other owners.
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27 January 2025 | 21 replies
I managed a low end apartment block for several years.