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15 November 2024 | 17 replies
As for entities, I use one entity for active business (flipping and building) and others for holding rentals.
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14 November 2024 | 25 replies
My husband is active duty military.
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12 November 2024 | 26 replies
Requiring a real estate license can potentially be a “trap” for wholesaling, as real estate licensees may in in violation of their code of conduct by way of their wholesaling activities.
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11 November 2024 | 7 replies
At the time of purchase, there were several STR rental properties active in the neighborhood.
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13 November 2024 | 12 replies
BNBCalc partners with several data providers for short-term rental revenue estimates (Airdna), comparable properties (Airbtics), long-term rentals, tax information, and property information.Our comparable properties provider airbtics provides "revenue potential" estimates which it defines and calculates as the following:Revenue Potential is the revenue that the listing could have earned if it was active every day for the past 12 months.Formula:Revenue Potential: = (Revenue / Days available) * 365 Example: ($33,500 / 304)*365 = $40,222You can find more info about their data on their FAQ!
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11 November 2024 | 4 replies
You can check their insurance coverage, any active lawsuits they have, their workers comp rate (how safe they are on the job site), and other metrics.
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14 November 2024 | 15 replies
Linden is seeing a large amount of investment activity within residential 1-4 unit properties and newly developed facilities, which were ignited by the ONE Linden Plan.
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11 November 2024 | 5 replies
@Andrew Freed, You don't have any issues from a tax perspective with bringing passive and active income under the same entity?
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11 November 2024 | 36 replies
@Orlando Kell In that case one of my other favorite books outside of Jscotts that I recommend is What Your Contractor Can't Tell You: The Essential Guide to Building and Renovating
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6 November 2024 | 1 reply
I remember him mentioning it multiple times in the podcast, but I can't remember the specific book, can anyone help me out here?