
17 June 2024 | 16 replies
"Report Rent to Credit" Services are in no shortage if you google now that you know the term.The second way to go "back in time" in a similar fashion is through another service called "Tomo Boost"...

18 June 2024 | 4 replies
So, I have no idea how much money I owe for 2023&2024, how much money is actually mine, how to take advantage of tax deductions/credits/RE professional Status/ renovation costs/perform a cost segregation, if I really need a wealth manager at this point and how to take out my retirement investment and move it to a mutual fund I run independently.My ultimate goal: create systems for my corps to run smoothly and optimize business-related expenses, keep my books up-to-date for both corps so I know my input/output, pay quarterly taxes throughout the year, give myself a modest monthly income and continue to preserve/build wealth and grow my RE PORTFOLIO!

17 June 2024 | 15 replies
My ultimate goal is cash flow to be able to quit my job (self-employed) and focus on real estate full-time.
17 June 2024 | 8 replies
I have found time is better spent building tools to quickly analyze & procure new deals, rather than hyper-analyzing the metrics of one deal, ultimately making initial review faster & more reliable (spend time on the things that make sense, quickly remove things that don't, even junior-level staff can identify good opportunities with the tools, etc).For example, if I'm modeling a SFR to 3-4 unit scheme, I can quickly check the $/sf/mo for each of my proposed units and get a good idea of the GOI without having to manually dig through & find rent comps in that City/Zip:- So instantly I know in Woodland Hills that a Studio is close to $5/sf/mo on avg, 1 Bedroom closer to $4/sf/mo, with the 2 & 3 Bedrooms closer to $3/sf/mo.

18 June 2024 | 14 replies
Ultimately, my goal is to wait for rates to move down and lenders to allow HELCOs on investment properties with a fixed rate.

16 June 2024 | 2 replies
You'll have them paid off by the time you retire and will enjoy a significant boost to your retirement income.Generally, you want to grow your portfolio wide (more units), before you go deep (paying off).

18 June 2024 | 12 replies
They just talk and deflect and kick the can down the road with "we will for sure take care of this for you, I am here to help" before ultimately saying "there is nothing we can do about this".The funniest part of the VRBO support is the online chat, where they intentionally try to get you to time out of the chat.

17 June 2024 | 14 replies
Ultimately, separate renter's insurance provides better protection, minimizing confusion and ensuring proper coverage for unforeseen circumstances, benefiting both landlords and tenants.

17 June 2024 | 17 replies
Ultimately, since you're not paying for land, you should be able to build more units and add enough value to the property that you don't need to bring in any money of your own.4.

18 June 2024 | 14 replies
Where I made money was through renovations and ultimately appreciation, by buying in neighborhoods adjacent to where I lived, which I saw as gentrifying.