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24 December 2024 | 5 replies
(currently I have been sending my investors a 7 question survey to fill out for their criteria)My goal is to build genuine, long-term relationships with investors by creating opportunities that benefit everyone involved.
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24 December 2024 | 14 replies
@Tar-U-Way BrightYou can use the LLC to set up business bank accounts and business credit cards.
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29 December 2024 | 12 replies
The wholesaler created new terms with the tenants and the wholesaler plans to hold it so that the new loan gets seasoned, before selling the note.I opted not to get involved and have started my knowledge building into private lending.
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2 January 2025 | 15 replies
Hi, Jaycee The deal makes sense for me after accounting for all expenses including vacancy, cap ex, and repairs.
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10 January 2025 | 28 replies
Yeah exactly, I use funded accounts so Im not risking my own money on my day trading income and have one of the best traders in the industry that is mentoring me who has made millions and millions but yeah that is a primary factor why I want to get into real-estate is the more long-term aspect and the slightly more passive side to the income ( obviously not negating work but when compared to a job income ) Thanks for your insight and the warning on day trading is 100% valid and most people lose money especially people trading with their own money.
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5 January 2025 | 17 replies
I’d recommend building relationships with agents and accountants familiar with these markets too—state-specific tax strategies could make a big difference in your bottom line.I’m excited to see how this plays out for you!
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4 January 2025 | 11 replies
Ultimately, consulting with a real estate focused accountant is the move here, but this should be a helpful primer.
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29 December 2024 | 24 replies
If I scale to a point where I no longer have time and have to outsource, that line item is already accounted for and the property will still be profitable.
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27 December 2024 | 4 replies
There's a 2nd account with 5 payments total and 3 of those were late.
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2 January 2025 | 25 replies
I think some hosts would account for the cost of purchasing good quality bottled water as well, which is why the Brita water pitcher is popular.