
26 August 2018 | 41 replies
@Shalom ShoreTake a breath, we've all been there.My first recommendation would be to take the foot off of the acquisition pedal.If you were asking "what should I do differently," I would say get as many units under one roof as possible so you can take advantage of economies of scale.At this point, just start living.

22 August 2018 | 6 replies
@Deep Johal If you're open to working remotely with a real-estate-savvy CPA, there are a number of us here on BP.

19 August 2018 | 67 replies
Your job is to persuade a living breathing life form that your LLC is "real" and a separate legal person from you.

3 August 2018 | 17 replies
Some landlords in this space try to get away with everything on the cheap (not saying that is you) but you can have success with govt agencies if you can deal with the brain damage of the inspections and paperwork, but it can provide more stability 3) dont give up yet. take some deep breathes and get over some of that failure thoughts that are going through head.

16 September 2018 | 25 replies
Monthly Insurance - 106 (google Insurance plus flood insurance)Other Expenses - 157 (taxes based on MLS)Variable Land Lord Expenses Vacancy (% of monthly rent)- 112.5 (5% of rent, Bigger Pockets recommendation)Repairs and Maintenance (% of monthly rent)- 112.5 (5% of rent)Capital Expenditures (% of monthly rent)- 182.75 (8% of rent)Management Fees (% of monthly rent)- 247.5 (11% of rent)Future Assumptions Annual Income Growth % - 1% (i just looked up Honolulu’s inflation rate)Annual Property Value Growth % - 5.59% ([CAUTION] https://www.neighborhoodscout.com/hi/kaneohe/real-estate [CAUTION])Annual Expenses Growth % - 1% (same inflation number)Sales Expenses %- 7% (bigger pockets estimate for a real estate agent’s sales expense % which included closing cost and price for a deep clean of the place prior to selling)

12 July 2018 | 1 reply
The library is only ~30 episodes deep so it's accessible to cruise through them all.

11 July 2018 | 4 replies
I just need to free up some breathing room when it comes to my finances, but I also want to put my money to work.

9 February 2019 | 9 replies
It's okay to be vulnerable about areas where you aren't an expert - good brokers will want to help you succeed and you're open-ness will be a breath of fresh air.

13 July 2018 | 8 replies
Dive deep in the content here on BP, lots of great information!