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3 February 2025 | 5 replies
Hey @Ashley Kroft IÂ love using Pricelabs feature of creating a comp set because you can really drill down to the finer details of what others are doing in the market, in your specific area.
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30 January 2025 | 7 replies
Interesting, since when did it become HRs problem (or legal right) to determine that "he is supposed to have found housing already".
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6 February 2025 | 15 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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2 February 2025 | 4 replies
Your financial background is a huge asset, and it’s great that you’re starting locally in Milwaukee while keeping an eye on future expansion.If you’re looking to connect with like-minded investors, the Rental Property Association of Wisconsin is a fantastic resource for networking with rental portfolio owners, accessing legal resources, and finding contractors. https://www.aasew.org/For mentors, funding sources, and flippers, the Milwaukee REIA is another great group to explore. https://www.milwaukeereia.com/I’m a member of both and find unique value in each—maybe we’ll cross paths at a future meeting!
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6 February 2025 | 2 replies
Not really sure, What do they specifically afford please?
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3 February 2025 | 8 replies
I find that it's almost a one stop shop in that I can use it for my business checking and savings accounts, bookkeeping, for rent collection, I can issue virtual credit card, I can create all the financial reports I need to run my real estate business and prepare for tax filing and through their partners I can vet my tenants, develop state-specific leases and more.
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5 February 2025 | 4 replies
I don't want to wait to fix this, because the urine could seep into the subfloor and legally speaking I need to mitigate my damages.
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3 February 2025 | 9 replies
For example, do you have any specific skills around social media?
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27 January 2025 | 7 replies
. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.
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7 February 2025 | 10 replies
If your brother is looking to invest in real estate largely from a tax reduction standpoint they should pay a qualified real estate tax strategist to review their specific situation and what may or may not work for them.Â