Justin Jefferson
Can someone guide me through the first step of analysis
22 December 2024 | 8 replies
There are numerous paths to wealth in this country; they can't all align with your goals.
Megan Herrington
CPA Recommendation in ID
2 January 2025 | 6 replies
While finding a local CPA is important, consider the option of working with remote professionals who specialize in real estate and small business taxes.
Jay Hinrichs
New laws in Oregon now define who can wholesale and what license is required
9 January 2025 | 46 replies
We would only go that route if it was the best option.
Cody Caswell
FHA Loan for Primary House - Full Time Real Estate Investor
5 January 2025 | 7 replies
FHA is unlikely to play nice in this situation.Bank statement loans might be an option for you.
Khaled El Dorry
Selling a portfolio
31 December 2024 | 6 replies
Another option you could explore is known as a reverse exchange.
Erik Applegate
Management by Room / Apartment Complex
4 January 2025 | 8 replies
Our software has an option to have someone who looks at our pricing daily and tweak yes.
Pearse Cafiero
New To Investing
31 December 2024 | 11 replies
There aren't many "short-term, get rich quick" type investment options in SoCal today.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
I found Stessa and Digb to be the best options for organizing real estate portfolio and taxes, cheaper, and real estate focused.
Luis Marin
Sell or Rent How do we identify what is best for us?
4 January 2025 | 5 replies
. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00
Jessica Medvec
Is “cash only” really cash?
29 December 2024 | 9 replies
There are lots of hard money options (or maybe not "lots" but not too uncommon) with no appraisal required - that makes the offer equivalent to cash (closing within a couple days and no appraisal contingency - its out there)The lender still has to ok the deal, appraisal or not.