
23 September 2024 | 5 replies
So I made a compromise with myself, instead of putting that $100 directly to my principle, I'm opening a brokerage account that will have $100 deposited into it automatically every month and invested in index funds using dollar cost averaging method.

23 September 2024 | 4 replies
But if I account for sunk closing costs I would actually only net 16K.

23 September 2024 | 33 replies
I love it for the guaranteed rent, tenant stability, additional accountability with the housing authority and large demand for Section 8 housing without enough supply.With strong screening, I'm able to find great tenants and Im not owed any rent.Cons you will often hear is that the tenants are harder on your properties (doesnt have to be the case in my experience if you screen really well), the Housing Authority is a pain to deal with (this depends on a couple things - how well run your local PHA is and how good you are at handling process & details) and the extra inspections/red tape make the niche unprofitable (see what I said above about Housing Authorities).Done right, I believe Section 8 is one of the most stable & profitable.

24 September 2024 | 27 replies
Being an accountant I had to “know” the market.

16 September 2024 | 5 replies
Is there a need for accounting and limited property and CAM management on commerical properties?

23 September 2024 | 21 replies
We typically take out cash flow 1X per year close to the end of the year based on what is left in the operating account and our thoughts on proposed work to the property the following year.

23 September 2024 | 19 replies
And there're other potential capital gain tax deferral strategies to ask your accountant about.Myth 9: this post will never endFine, I'll stop.But here is the closing thought.

22 September 2024 | 6 replies
I took the real estate broker exam and became a commercial real estate broker while also purchasing property for my own account. 3 years later I “accidentally” purchased 1/2 ownership of an automotive service business and eventually ended up with 8 locations.

21 September 2024 | 44 replies
Not sure how to account for cap ex when you factor cap ex roofs, hvacs, etc in.

21 September 2024 | 6 replies
Hey all - Been a lurker for a while and finally decided to jump into an account here.