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27 December 2024 | 66 replies
with the current market micro & macro trends, our market is poised to continue to go up for the foreseeable future.
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3 January 2025 | 18 replies
Put the dryer in place and put the door on. 3.
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2 January 2025 | 1 reply
Do you or most landlords comply with the city ordinance to get their properties inspected & registered by the city?
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3 January 2025 | 5 replies
It's what you paid, minus the value of the land, plus what you spent on long term repairs (roof, furnace, etc.
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2 January 2025 | 1 reply
You might also meet title agents who have resources on, say, foreclosures or probates…and might recommend lenders who actually lend on more difficult projects (as the title companies also know which lenders can close and which are difficult).I also go visit open houses to see what sorts of finish to put on my renovations or to look for the next house or area in which to purchase.
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4 January 2025 | 0 replies
This is the most unique real estate investor club, education, networking and mastermind event in the US!
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2 January 2025 | 1 reply
Disallowed losses under wash sale rules increase the cost basis of replacement securities, potentially reducing future taxable gains.This post does not create a CPA-Client relationship.
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12 January 2025 | 23 replies
Here's an example why:- One of our people made a mistake last year, and entered an expense of $1500 instead of $150 - they accidently typed an extra "0". - Fortunately, our transparent systems allowed the owner to catch it:)- Full transparency - we would have never caught this honest mistake:(An owner also needs to be involved to approve & fund large expenses: maintenance, property tax & insurance payments (if they want to be more hands off), evictions, etc.A great PMC should also have a chat with you annually about your future plans for a property and your portfolio.
3 January 2025 | 2 replies
I am debating the move and would like to know the downsides I might be overlooking.
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30 December 2024 | 5 replies
Property management is not for the faint of heart, so glad to see you're enjoying it and thriving.