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7 February 2025 | 49 replies
By time your credit is straight you should be a master at underwriting and have identified a few properties ypu think are suitable.
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9 February 2025 | 8 replies
By having additional parcels, investors can generate more equity and value compared to simply adding an ADU.
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8 February 2025 | 8 replies
@Matthew McleanBigger Pockets is a great place to find an accountant specializing in real estate taxation.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
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12 February 2025 | 1 reply
It is NOT required by law to sign a buyer's agreement before you start touring homes.
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3 January 2025 | 42 replies
They at one point had a guy working for them that honestly turned us off and we decided NOT to invest at that juncture (he is no longer there)... only to reconnect with the team and began to work with them in a fund closing in early 2022.
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6 February 2025 | 10 replies
The ADU is a good idea for property maximization, but unless it has a separate driveway, it will push your rent in the main house down some because then you aren't renting a single-family house on a lot by itself.
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11 February 2025 | 15 replies
The letter goes like this: By the way we have underfunded our reserves, so we need $5000 from each condo owner by July 1st, in order to replace the roofs....
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23 December 2024 | 7 replies
Hi Randall-Congratulations on buying a rental property well back in 2020.I am sorry to hear the property is now cashflow negative $200 a month.Your question is should you sell or continue to keep it with the negative cashflow.Depends on your personal goals and if being negative $200 a month plus any unexpected repairs or vacancies is affordable to you, but if you can solve the negative cashflow by turning the property into a furnished mid-term rental, for example, your future self may thank you.To Your Success!
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31 December 2024 | 6 replies
Let's see what happens with rates when the presidential office officially turns this January.
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7 February 2025 | 2 replies
You can learn so much and get paid while doing it by working with someone who is doing what you want to do. 2.