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27 January 2025 | 7 replies
. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.
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11 February 2025 | 19 replies
Unfortunately there competitiveness in the market and cut throat antics give the other offices (company) a bad name.
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27 January 2025 | 3 replies
Thanks to everything I’ve learned from the podcasts, books, and this community, my wife and I currently own:A triplex in MaineA single-family rental in San AntonioA single-family primary residence in Las Cruces, NM, which will become a rental when we move in a few monthsFor context, I’m an active-duty Army officer with about 12 years left until retirement, and my wife works for a university in Boston.
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7 February 2025 | 9 replies
Managing self-employment income requires tracking eligible deductions like business expenses, home office use, and retirement contributions.
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16 January 2025 | 3 replies
With commercial office space starting to return, I am interested in establishing a syndication group that would be willing to invest capital into commercial office buildings.
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5 February 2025 | 69 replies
We went to Delta Build's office on Monday, left our phone number and was told someone woukd get back to us within 2 days. 4 days have passed and no one has called us back.
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27 January 2025 | 6 replies
You can't even get an officer to a traffic accident anymore and how many domestic violence situations happen with little to no attention.
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23 January 2025 | 9 replies
They have larger offices with more agents to network and learn from, training meetings, etc.
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1 February 2025 | 4 replies
@Grant Shipman, I will say, I have not explicitly seen anyone violate these rules (that I know of), but more commonly there are a lot of people who have comfort operating at the margins.I.e. compliance officers/attorneys that stop at the letter of the law may say: "investment manager X, you can advertise your company all you want.
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10 February 2025 | 7 replies
Establish what type of commercial real estate interests you most—retail, office, industrial, or multifamily—and develop a plan around that.