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21 November 2024 | 6 replies
Your LLC that flips might need to be S-Corp eventually.This post does not create a CPA-Client relationship.
22 November 2024 | 3 replies
We always get that permission in writing, though, to cover our bases.All in all, I recommend nurturing these relationships as these are among the best clients to serve in the MTR space.
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22 November 2024 | 92 replies
When you've looked at enough deals you recognize a deal when you see it.
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19 November 2024 | 2 replies
If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.
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23 November 2024 | 15 replies
Consider transferring to an LLC after occupancy, keeping the due-on-sale clause in mind.This post does not create a CPA-Client relationship.
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1 December 2024 | 134 replies
The president apparently knew my grandfather who lives in Wichita and recognized us because of our very unique last name.
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20 November 2024 | 4 replies
In the last five years, I’ve had close to 10 investor clients who either became real estate agents or had their spouses do so—because they were certain they already knew enough to handle it on their own.From here, I’ve seen things go in two directions.One path is overconfidence: they rush out, buy properties, and quickly get themselves into trouble.
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25 November 2024 | 16 replies
I was just in Cleveland last week and my client there has 18 projects going I personally walked each one and spent 2 fulls days with him and his staff..
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22 November 2024 | 8 replies
With my clients, I generally use 35%/8%.
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19 November 2024 | 24 replies
Recognize this.I have not purchased to brrrr since December 2021 due to the 2nd item.