Roy Logan
3rd year Real Estate Investor / Landlord
6 December 2024 | 9 replies
@Roy LoganIt sounds like you’ve made some great moves in real estate investing—your BRRR strategy is paying off with those solid returns.At the bare minimum, you should do the following to make your bookkeeping easier:Dedicate one checking account and credit card exclusively to real estate.
Victoria Hogan
Difficulty finding a tenant
5 December 2024 | 15 replies
- You can find this out by going to Zillow, selecting your Zip code or Neighborhood, and looking at current rental listings.
Devin James
Why Land Entitlement is one of the Riskiest Forms of Investing - But Also Highest ROI
9 December 2024 | 9 replies
If they don't approve the project, all the time and money spent chasing it yields no return.3) Market Risk: The market can change during the entitlement process, which can also work in your favor like it did for many Developers in 2021.That's why knowing your municipality, understanding their processes, and making wise decisions in selecting which projects to pursue are crucial.Success in development requires choosing the right projects that 1) meet your criteria and 2) have a promising path to approval.The good thing is that this risk is compensated by having a higher return.
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
19 January 2025 | 118 replies
The good news is that there are plenty of great CPAs out there including on these forums.We did have a conversation with him, which is why we selected him in the first place.
Timothy Franklin
First time funding?
11 December 2024 | 8 replies
My wife and I are new investors with identified deal flow, a selected strategy, and have done a ton of research.
Danielle Tran
Can a tenant sell the same products as another tenant?
5 December 2024 | 6 replies
If the landlord's lease with the other tenant provides that tenant the exclusive right to sell certain products or services at that location the landlord might have put themselves in a bad position.
Robert Zajac
Managing my manager - how to best approach maintenance requests
19 December 2024 | 9 replies
Educating yourself about common property maintenance processes doesn’t mean you have to become an expert, but even a basic understanding of repairs like plumbing or lead testing can go a long way in helping you make more informed decisions.It’s also worth discussing with your property manager how they select and negotiate with contractors.
Maria Jeanette
Advise on leveraging a Self-directed IRA to purchase real estate
9 December 2024 | 11 replies
@Maria Jeanette Using a self-directed IRA (SDIRA) for real estate investment offers control over asset selection and tax advantages, such as tax-deferred growth (Traditional IRA) or tax-free growth (Roth IRA).
Jasmine G.
Financing first rental
3 December 2024 | 10 replies
I have my separate allocation of funds exclusively for investment property.
Richard Bautista
Too good to be true to have connected with a real estate agent who has a whole team?
8 January 2025 | 29 replies
Therefore, you need to select the tenant segment first.