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28 October 2024 | 6 replies
Really study the market to determine what it should rent for.
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29 October 2024 | 21 replies
Do you favor a Roth IRA, high-yield savings account, or life insurance as an investment tool?
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30 October 2024 | 3 replies
I am looking forward to connecting with fellow lenders, accountants, and real estate agents to get more perspective and build my knowledge on real estate so that I can start to build wealth in my mid-20s and onwards.
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29 October 2024 | 6 replies
Out of 2,500+ investors we have as clients, only a small handful invest as an LLC.I could see the point to an entity if a group of family members or friends were pooling their money to invest in a syndication or several syndications, but outside of that scenario I don’t see the point to it.But don’t listen to us, get competent legal and accounting advice from those licensed to give you proper advice after evaluating your legal and financial situation and risk tolerance.
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8 November 2024 | 53 replies
We owe it to each other to hold people accountable but do it with dignity.Some of the people I really respect on this forum don't give specific feedback to those off the wall questions.
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31 October 2024 | 8 replies
Feel free to reach out with any accounting questions.
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25 October 2024 | 12 replies
Account Closed I own two 4-unit buildings and two SFR rentals.
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29 October 2024 | 9 replies
Net income would be the Host Payout of $541.26.But your true net is what's left over after deducting all expenses not accounted for in this calculation, such as utilities, internet, consumables, etc.
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31 October 2024 | 8 replies
Quote from @Tyler Tomas: Keep in mind your equity is not a savings account from which you can withdraw for free.
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28 October 2024 | 12 replies
Should I have the funds come out of my LLCs account for payment or is it fine paying the down payment out of my personal account then once the property is paid for, transfer the Deed to the LLC.