Emily Gowen
When to sell vs hold rental properties that have appreciated?
25 January 2025 | 14 replies
(It could be rented for more, maybe $3000/mo, but I'm only comfortable charging so much on principle.
Philip Beckwith
Appealing property taxes
27 January 2025 | 15 replies
Typically they charge a percentage of the amount saved.
Craig Jones
STR hotel makeover
22 January 2025 | 15 replies
One thing you might think of doing is having and promoting your own website to avoid the exhorbitant fees charged by the third party sites such as Expedia, Booking.com and Air BnB.
Morgan Vien
I live in CA and am buying a rental property in OR. Advice on LLC + Taxes
27 January 2025 | 8 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
Jeanette Land
Help with adding to my profile
13 January 2025 | 14 replies
We are currently charging $1300/unit/month and expecting to be charging the same this coming year.
Adam M.
Cost for a Tax Specialist
13 January 2025 | 7 replies
But a specialist could be helpful if you have unique situations, want to explore advanced strategies, or simply save time.Cost varies - some charge hourly, some a flat fee.I'd recommend checking the tax pro button on top of the page and scheduling a free consultation.
Paul Stewart
Debunking the Easy Money Myth
24 January 2025 | 4 replies
Once we changed to charging a fee, proof of ability to close, good income, a sizable reserve and reasonable credit, the students not only started taking the training seriously but actually began buying properties for their retirement.
Mike Terry
Help Evaluating a small multifamily
18 January 2025 | 12 replies
There is shared laundry, not charged to tenants.
Angelica Byrne
New to this platform. Need advice with Airbnb Arbitrage
5 February 2025 | 15 replies
Once you make some money - you will prove the concept and once you prove it, you will have a skill that you can charge a lot from and then use it to make more income and then invest in RE ;)
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.