
12 February 2025 | 3 replies
Hey, I’m not an investor, but some unexpected costs to consider are closing costs, agent commissions, and most importantly, taxes.

19 February 2025 | 2 replies
Alternatively, in a QBO Simple Start or Essentials subscription, if seeing profitability by property is important, you could still structure your chart of accounts to reflect each home, though your P&L will be a bit more lengthy & harder to digest.If you have any questions, feel free to reach out, happy to walk you through the pros & cons of QuickBooks options!

11 February 2025 | 10 replies
The Expenses is not important here but for me, it's convenient because it is part of the travel and work we did in the property.

20 February 2025 | 4 replies
Hi Evan from Sayville, NY-You asked about whether a lender would pay real estate commissions and closing costs with a short sale.I negotiated a lot of short sales after the Great Financial Crisis.Short sales are similar to dealing with a bank owned property accept the bank is trying to avoid taking it back so the terms, specifically an acceptable purchase price, have to be negotiated.The thing I found that was important to negotiate was the lender agreeing to settle without further recourse for the seller.

20 February 2025 | 2 replies
For co-living spaces, it’s important to confirm that lenders are comfortable with the unique rental model, as it can impact property valuation.

21 February 2025 | 2 replies
It started small, just helping to draft LOI's, running down property leads, making calls, but the important thing was just getting in and DOING it.

19 February 2025 | 2 replies
This is extremely important.- What’s the difference between me and you?

25 February 2025 | 1 reply
However, it’s important to price competitively and be prepared for buyers to request concessions.

18 February 2025 | 2 replies
Delay gratification is powerful and it's important to start your real estate investing journey early in order to reap the long-term benefits of real estate.

17 February 2025 | 12 replies
Of course it is very important to do proper due diligence on the investment and the operator.As far as self-directed IRA there are number of companies offering such service, this topic has been discussed here on the forum many times so you should search using this keyword and learn from those discussions.