Kaleb Johnson
Best Area For Starting Out
30 January 2025 | 40 replies
Here are a few stats which should raise an eyebrow about Detroit $1 billion invested in more than 4,600 units of affordable housing over the past five years Job growth with more than 25,000 more Detroiters employed since 2014 A return to investment grade bond status for the first time since 2009Reductions in crime beating national trends, including the fewest homicides in 57 years Successfully hosting the largest ever NFL Draft at 775,000 people over three days In terms of starting out in Real Estate it also makes sense to invest in Detroit considering that the entry costs are low and if you plan to buy and hold, Section 8 makes for a great partner to insure steady rent payments.
Ashley Wilson
2025 Goal Setting Tips for Success
22 December 2024 | 0 replies
This contrasts greatly with most accountability partnerships, as a mentor is typically more respected as an authoritative figure.
Jeremy Jareckyj
Mid Term Rental Agreement
29 December 2024 | 15 replies
We are more willing to break leases due to employment changes in a MTR.
Robert Bell
Blue Oval City's Delay May Open New Opportunities
26 December 2024 | 3 replies
BO is ramping up their employment now, my new tenant will be working with HR at the site and will be onboarding lots of folks over the next 2-3 years!
Allen Masry
what happens to 500k
23 January 2025 | 26 replies
If it’s a structured settlement and you aren’t getting a lump lum, you could contribute some of that to a Roth or Traditional IRA each year, or if you are self employed even more to a SEP IRA.Also what’s your short term, mid term and long term objectives?
Daniel Reed
Strategies for Transitioning to Multifamily Properties with Positive Cash Flow?
25 December 2024 | 11 replies
In contrast, single-family homes attract families with children, who stay an average of five years and take care of the property.
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
31 January 2025 | 120 replies
I´m an out-of-country investor looking for help with my legal and tax structure.Since I´m just starting out, I need help with the basics: setting up the LLCs that we will use (looking to invest in different states), getting an ITIN, opening bank accounts, and identifying the tax strategies that we will employ for the deals we want to make.I appreciate your recommendations.
Raghavendra Jakkani
Income verification for a tenant
23 December 2024 | 9 replies
Need letter from employer that either says they allow remote work or the hire is for Texas location.
Greg Strunak
Cash flow/ passive income
30 December 2024 | 6 replies
From what I’ve read in Bloomberg, electing S-Corp taxation for your LLC might reduce your self-employment tax burden when you start paying yourself a salary.
Taylor Hughs
Scaling: Why should I buy single families first then multifamilies later?
7 January 2025 | 8 replies
You do need to have steady employment, decent credit, and not be drowning in debt.