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2 October 2024 | 71 replies
Purchasing notes at a discount to “capture” the early payoff windfallFor those willing to be more active, engage in study and education, and have the time, wealth building can be accelerated by using techniques such as1.
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28 September 2024 | 4 replies
But, this doesn’t reflect the fact that the initial investment decreased from $100 to $50 over two years.The flaw with ARR is that it doesn’t take into account compounding or the actual sequence of returns.
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1 October 2024 | 2 replies
About 8 satellite dishes hung off the outside all over the place, and many tenants each paid for their own cable internet/TV account.
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1 October 2024 | 14 replies
That could be anything from not accounting for capex/repairs/vacancy in their calculations or a complete lack of knowledge in how to calculate their future property tax obligation (this is a big deal in Michigan).Just the other day I had a call with an investor looking at a 10-unit property in Detroit.
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1 October 2024 | 9 replies
There is, however, a problem getting them to communicate with tenants so the tenants begin paying bills themselves, so you don't have to spend extra money every month;- Your account must have a minimum balance of $500.
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1 October 2024 | 37 replies
I was up to 25 units before my accountant told me to get a bookkeeper.
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28 September 2024 | 11 replies
Account Closed Is there another ownership option besides LLC and personal?
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27 September 2024 | 9 replies
Since Sean and Zachary have already answered your questions, I will comment on your search for an accountant.
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27 September 2024 | 15 replies
Before the accounting side of the business management gets too far, I was wondering if there are any recommendations on an easy Bookkeeping tool.
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27 September 2024 | 15 replies
To get into real estate investing in Cleveland Heights, study the market trends, grow your circle, begin with a bit, look at deals with care, use loan options, and keep learning.