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10 January 2025 | 2 replies
I have a former client in PA that owned some car washes in his hometown.
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13 January 2025 | 8 replies
Finally, double-check local demand and rent trends in the area to ensure the pro forma income is achievable.I’ve worked on several mobile home park deals as a broker and am currently helping a few clients sell their parks, so I know how important it is to ensure the numbers make sense both now and in the long term.
13 January 2025 | 21 replies
Hey Account Closed - I highly suggest using a renovation loan and house hacking a multi-family if that is possible with your current life circumstances.The 203k and homestyle renovation loans are just amazing products and drastically help you reduce your risk, in my opinion, because you are able to leverage the cost of the entire renovation with such a low down payment loan.We work with a lot of clients who use these products in Chicago, and no matter what, in the long term, they gain great equity.If you aren't able to house hack - the process is essentially the same, but just with more money down with hard money or conventional construction loan.
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9 January 2025 | 10 replies
@Mattin Hosh I work with clients that invest in the Memphis and several other markets in the South.
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13 January 2025 | 7 replies
Section 179 deductions may apply to assets directly supporting your business, excluding personal-use components.This post does not create a CPA-Client relationship.
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2 January 2025 | 18 replies
Quote from @Lorraine Hadden: I have client who are try to wait for interest rates to come down rather than buying what they can afford for the best rate and hold.
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8 January 2025 | 10 replies
But to be clear, I am serve the O'ahu market but have had clients have me help them look for property on other islands.
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16 January 2025 | 15 replies
You can do this with almost any business, as long as you are bringing in the clients, leads, deals and etc..
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13 January 2025 | 6 replies
For added liability protection, consider setting up an LLC for the rental, though this may have limited impact if the mortgage is in your name.This post does not create a CPA-Client relationship.
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7 January 2025 | 0 replies
My company provides a comprehensive A-to-Z solution tailored to our clients' needs.