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7 December 2024 | 6 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.
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10 December 2024 | 11 replies
DT Long Beach: beachy urban setting with smaller units 1bdr; close to tourist attractions, and thinking I can STR one unit; BUT high crime rate (90 percentile); properties are older but more attractiveIs it better to go into a slightly better neighborhood in boring Riverside or a more crime ridden area of cool kid Long Beach?
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9 December 2024 | 3 replies
I started with a Michigan LLC/LP entity set up to hold the properties.
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14 December 2024 | 13 replies
@Keaton Sheffert In my town there is a very specific set of criteria for getting either a Special Exception or a Variance for a proposed change to the zoning.
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25 December 2024 | 60 replies
Now the value set be appraisers typically is coming in between $50k and $100k I invite you to search BP or create a post determining values that appraisers are giving to ADUs.
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9 December 2024 | 12 replies
Currently I'm using propstream, I was having some issues getting my account with batchleads set up and their service hasn't really been the best with assistance.
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9 December 2024 | 9 replies
Flipping is probably a little more intense, but can still be done with a day job, but again, my average flip versus my average rental: flip has made much better returns.And as for generational wealth and handing down something to your kids... well, I guess I view it as: if I can hand my kids a $10mm trust fund held in public securities, or $10mm real estate portfolio, they are going to be pretty set either way, but a real estate portfolio will continually have costs and work, a brokerage account is a bit more set and forget, with some periodic rebalancing.
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8 December 2024 | 1 reply
By way of example, a lender may charge retainage, only release soft costs upon C/O, may limit loans to a set number of draws or only allow draws once a certain dollar amount of work has been completed.
2 December 2024 | 1 reply
I'll start by explaining my situation.I am 27 and two years ago i was making 700 take home a month, last year I got a new job and started making 900 biweekly take home. Then i decided to move to semi truck driving and...
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11 December 2024 | 8 replies
The property I’m looking at is in a wooded setting on 3 acres.