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18 December 2024 | 29 replies
And if you work hard, you can even find a cash flowing triplex or quad, so you can get a DSCR loan with little income to show.The comments saying it is hard are correct, but nothing good comes easy and it would be a big shame to forgo the #1 best tool in real estate investing, house hacking, without even giving it a chance.If you want to work hard to create something for yourself and your family, current or future, please reach out and I will help you look for a house hack that will kick start your investment journey.Best of luck!
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6 December 2024 | 45 replies
That creates a really nice price / rent ratio which is favorable for investors looking for cash flow.
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11 December 2024 | 6 replies
Talk to your tax advisor about how to release your passive activity losses based on your situation.This post does not create a CPA-Client relationship.
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9 December 2024 | 2 replies
Consult an attorney and tax advisor to structure the arrangement legally and effectively.This post does not create a CPA-Client relationship.
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9 December 2024 | 8 replies
Greenfield is in the next county though so I'm definitely not sure how they are as far as replating etc but i definitely can assist.
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10 December 2024 | 5 replies
Create a realistic pro forma profit and loss statement to determine if this business has the potential to pay any more than you could make working a “no risk” job. 6.
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17 December 2024 | 16 replies
Use this as a learning experience to refine your investment strategy and prevent similar issues in the future.This post does not create a CPA-Client relationship.
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10 December 2024 | 6 replies
Or just create an inspection doc with checklist and have the tenant sign it?
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4 December 2024 | 6 replies
To avoid these, create an operating agreement outlining roles, responsibilities, financial contributions, and handling disagreements.
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10 December 2024 | 14 replies
Real estate used to be the easiest choice of all time.