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12 February 2025 | 2 replies
A little background: Feel free to scroll down for the main reason of this post...I started out in 2011 trying everything to make my start in real estate but was not successful until 2015 when we purchased our first duplex in Fresno CA.
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22 February 2025 | 7 replies
Assuming you're getting into deals that can perform above what the market will deliver (the only reason you would do this), there is still going to be a lot of work involved.
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26 February 2025 | 7 replies
If they meet your criteria, you may not have a valid reason to decline their application.
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21 February 2025 | 2 replies
I've held my license since 2023, but I only dabbled in joining a residential brokerage (mistake, there were several reasons I did, but hindsight is 20/20).
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24 February 2025 | 9 replies
For reasons I don't yet understand, if the property is sold I cannot take advantage of a 1031 Exchange and my gains will be taxed as income, which will be 35% federal and 11.3% CA income tax.
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10 February 2025 | 21 replies
When they demoed it for me it looked so easy to use and understand, the software was the main reason I decided to take the leap.
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16 February 2025 | 5 replies
For house flipping, consider an LLC taxed as an S-Corp to reduce self-employment taxes by taking a reasonable salary and the rest as distributions.
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26 February 2025 | 30 replies
No reason to spend countless hours beating your head against a wall.
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21 February 2025 | 12 replies
The main reason is that it is not initially set up for a Real Estate business like other “real estate-specific” accounting software.
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26 February 2025 | 23 replies
Quote from @Kristin Vegas: @Drew Sygit at this moment i have a vacant house and march will be 3 month vacant, i was told by my management guy that there were few applications and that he was going to check it but i still don't receive his response from it, today i called him to ask him about it and he said that he was gonna check them today but still no answer. 2 weeks ago he sent two applications but those were declined becasue the tenants didn't feet the criteria. i called his helper and she said that he was encharged of it but he seems to be all over the place, somethimes i think that he is just not taking the time withy properly. i'm new in this so any tip i appreciate 🙏 Another reason to start looking for a new PMC!