Kevin G.
Investing out of state doing BRRRRs
27 January 2025 | 12 replies
Bonus points if they’re used to working with investors or can help keep costs in check while maintaining quality.Cheers,Kevin I would say this about BRRRRR, especially as a newer investor.
Chanel Snerling
New Here Intro & Advice
24 January 2025 | 7 replies
Sometimes, buying an existing property can be more cost-effective and less time-consuming and maybe require slightly less permits, etc.
Brandon Bell
Transfer deed, retain mortgage, without due-on-sale
2 February 2025 | 4 replies
You are only adding complications and costs with the LLC with no upside This is all assuming there’s been almost zero appreciation and you shouldn’t sell tax free while you have the chance.
Sergey Shevchov
Air AI - cold calling system
26 January 2025 | 5 replies
I had a call with Simpletalk a few months ago and seemed pretty interesting but haven't pulled the trigger yet as it is costly.I know services do white labels and people brand it into their own AI call services, which mean a lot of these AI calls may actually be the same service...How much does Air AI cost?
Francis A.
California isn’t the only place where insurers are dropping homeowners
25 January 2025 | 9 replies
.: Quote from @Cameron Moore: Another example: the average roof in DFW is replaced every 6 years and the average cost is $40k.
Jonathan Small
DIY or hire help for taxes?
23 January 2025 | 7 replies
A good real estate accountant can save them thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend that they find a tax accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend that they look for a accountant willing to work with them throughout the year, who can help them strategize and who is responsive when they want to know the consequences of the financial decisions they are making throughout the year.Good luck.
Mike Levene
Most efficient source to pull funds from for a down payment?
23 January 2025 | 7 replies
It’s definitely smart to evaluate the tax and cost implications of your funding options.
Nick Gallon Martin
Confused about deductibility of interest on tax return
19 January 2025 | 2 replies
I know that interest on the acquisition loan can be included in the cost basis since it’s inventory.
Ethan Gallant
Beginner looking to BRRRR in Canada
24 January 2025 | 5 replies
Even still, it could be said that I've still lost money due to my time on the tools instead of prospecting as a real estate agent (the cost of lost opportunity).If you can truly do 80%-90% of the work yourself (at acceptable quality levels) and you aren't sacrificing your time where you can get better returns for your efforts, then yes, it can work even up here in Canada.
Ken M.
Are Rents Softening
29 January 2025 | 5 replies
But, these broad market studies are so large, they are almost meaningless, in the real world.Between glut of new supply in many "hot" markets coming online, a continually softening economic outlook, inflation over last couple years making day to day items feel cost prohibitive, many average renters are strapped and seeking lower cost housing.