Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
23 January 2025 | 16 replies
While adding compliance costs (filings, payroll), this structure is beneficial, especially for larger portfolios.This post does not create a CPA-Client relationship.
Jonathan Blanco
Is it worth seeking lenders with $0 lender fees?
25 January 2025 | 12 replies
@Jonathan Blanco, I'm and investor and a licensed mortgage broker so I've been on both sides of this conversation.I would look for a lender that (1) listens to you and understands your strategy and needs (hint: it's not always money), (2) has experience working with clients executing your strategy and brings more to the table than just cash - be it advice, relationships, deal-team partners, etc., (3) gives you viable options and explains the pros and cons of each option and (4) you enjoy interacting with - this should be a relationship, not a transaction.Once you find a few lenders like this (and you should have relationships with more than one), then you can start comparing rates and fees.
Riley Poppell
Condo Purchase in Lincoln Park
22 January 2025 | 2 replies
Purchase price: $540,000 Cash invested: $108,000 Sale price: $540,000 My client bought a condo in Lincoln park.
Jose Martinez
32 Rentals – What’s Next?
27 January 2025 | 8 replies
I have a friend who is a banker locally, he's seen business bank numbers for 40 years...he know what makes a strong business client and when it is a weak business with some good years.
Mark Lee
First time 1031 Exchange, need QI
30 January 2025 | 4 replies
The BP function allowing you to check references and actually talk to real clients of those QIs is a great advantage.
Melanie Baldridge
A post on recapture.
21 January 2025 | 2 replies
For larger properties, some of our clients run another cost segregation study at the time of sale.2) Partial Dispositions - Taxpayers can carve out and dispose of components removed or demolished from a building.
La'Terrius Campbell
Wholesaling Text Blasting
19 January 2025 | 10 replies
Plus, I use it as my CRM to keep all the info about clients, properties, and conversations in one place.May God have mercy upon your soul.
Alec Jacobs
What bank account should I use for my rental property?
29 January 2025 | 4 replies
@Alec JacobsI often recommend Relay to my clients.
CJ Moulton
Tips on Automating Common Real Estate Tasks
27 January 2025 | 1 reply
Every day I mark how many calls to leads I made, how many people I contacted (and was it email, call, text) from my database/past clients....how many social media posts I answered or made, etc.I don't know if that's automating, but every week I can quickly see how much of each money generating thing I did.Do you use Google Calendar?
Irene Blumenthal
Considering a STR with a main home and attached apartment- any experience with this?
28 January 2025 | 3 replies
Hi Irene,I had a client that did this with a home and a barndominium next door.