Brittany Myrick
The Newest New England Investor
14 January 2025 | 11 replies
There are a lot of good meetups for real estate investors in the area that would be good to grow your network and learn from others that are and have been in your shoes as a new investor, message me and I can share on some specific monthly meetups.Also sharing some multifamily data, this is Boston proper so it has an interesting trend compared to the rest of Massachusetts.
Venka Pulla
How to deal with Bad property manager
11 January 2025 | 7 replies
A good manager will handle tenant communication, security deposit transfers, and ensure a smooth transition for you.Changing managers doesn’t have to be difficult—following the agreement and partnering with a competent new PM will help you get things back on track.
Brett Riemensnider
Seeking Advice on HELOC’s
13 January 2025 | 11 replies
The key is to ensure the HELOC doesn’t turn into a long-term financial burden if the partnership doesn’t pan out.
Gamal Harding
Property Management is Much More than Collecting Rent…
23 December 2024 | 9 replies
Here are some thoughts on effectively managing these relationships to ensure all three stakeholders feel valued and respected.Stewardship of Owner FundsProperty owners entrust PMs with one of their most valuable assets, and being good stewards of their funds is paramount.
Adam M.
Cost for a Tax Specialist
13 January 2025 | 7 replies
Thank you, Adam Hey Adam, obviously Bias here as we are accountants, but yes with three properties is definitely worth hiring a CPA or tax specialist that focuses on real estate to ensure all your taxes are filed compliantly, properly, and you're getting all the deductions possible.
Deborah Wodell
How Do You Keep Rehab Costs Under Control on Your Flips?
4 January 2025 | 4 replies
Make sure the estimates are very detailed (scope, SF, $/sf, schedule, etc) to ensure that there is a clear dilation between contract work and change orders.
Anshuman Thakur
Nevada multi-family investing thoughts?
2 January 2025 | 3 replies
He has some great data and insights on the Vegas area.
Divya Sosa
Tenant lied on rental application regarding criminal history
6 January 2025 | 13 replies
I did not do a separate criminal background check as I trusted the info from Zillow (Big lesson learned never to trust the Zillow data again in life).
Abhijit Roy choudhury
FINCEN requires Beneficial Ownership Information filing JANUARY 1, 2025
27 December 2024 | 4 replies
Seems like a very strict penalty if this is not followed through.The CTA provides that willfully reporting or attempting to report false or fraudulent beneficial ownership, or willfully failing to report or make updates to the reported data shall be punished with a civil penalty of up to $500/day while the violation continues (up to $10,000) and a criminal penalty of up to two years in prison.
Polat Caglayan
Detroit or Cleveland?
17 January 2025 | 27 replies
Data suggests that both of these places have been on a decline for years.