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23 November 2024 | 9 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
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22 November 2024 | 12 replies
I was told by my tax person that I can only deduct a percentage and not the total cost of the remodel.Thank youI am not sure why your accountant would mention you can only deduct a percentage.
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15 November 2024 | 13 replies
Just make sure your PM has excellent accounting practices in place as trust accounting can get out of control fast.
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22 November 2024 | 14 replies
However, I know that I do not want all my income to be reliant on my day job and live to watch my retirement account grow.I am probably doing better than a lot of people my age but am eager to take the correct steps to build a real estate portfolio.
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14 November 2024 | 21 replies
(although, with the new smart phone technology, they do require gmail accounts, as such, sending from that account from your phone is fine, but you should be sending to people who already know you have a real email account.
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24 November 2024 | 8 replies
I.e. a group that was getting 30+% returns out of a 2017 acquisition with a sale in 2019, should be looked at loosely against other sponsors with deals of similar acquisition date, as general market timing is really going to be 90% of the overall return, with the operations only accounting for a small part of the overall return.
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21 November 2024 | 2 replies
Don't hire people to run your account to reach more people, just show up for 30 minutes a day and make good comments and good connections without asking for anything.
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25 November 2024 | 7 replies
Just keep in mind, the costs of setting up and maintaining an LLC and the bank account that goes with it, not exorbitant but important to consider.I'm not a CPA or an attorney, but I would suggest taking the time to diligently put together a trusted team to facilitate your long and successful investment journey!
22 November 2024 | 5 replies
Account ClosedI must say your post is confusingyou are entering in the DFW market but you want to find wholesalers in Indy?
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26 November 2024 | 9 replies
It's something you want to account for in advance since it is technically not allowed.