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10 December 2024 | 25 replies
You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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12 December 2024 | 49 replies
I’ve been considering them for an investment as well with the newly planned properties.
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3 December 2024 | 1 reply
Recently, a real estate friend suggested I consider starting a title company, as he and his partners (primarily in commercial real estate, like strip malls) could bring business my way.While I’ve worked with title companies in my transactions, I’ve never explored the inner workings of how they operate.
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28 November 2024 | 8 replies
I know people that are really good at their trade (plumbing, cleaning, electrician, etc) but they don't have financial discipline, they don't know how to market, they suck at customer service, they don't use tools to their advantage, etc.Cody Sanchez (lady in the video) buys different types of businesses and makes them profitable by applying basic business disciplines.
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6 December 2024 | 8 replies
Hi all, I came across this older post about Capella Mortgage and thought the following would be helpful for any members considering investing with Capella based on experiences of people I closely know.
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3 December 2024 | 2 replies
Scott – This one is tailored to investors looking to understand real estate accounting and bookkeeping.You might also consider looking into general bookkeeping books like "QuickBooks for Dummies" for managing finances, especially if you ever plan to expand beyond REI Hub or need more detailed tracking!
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4 December 2024 | 9 replies
I imagine it's higher than a typical single family rental considering it looks like the host usually ends up paying for any damage caused by tenants due to a variety of reasons (tenant refuses to pay, damage happened in a common area and it's not clear what tenant caused it, etc.).- Rental loss - PadSplit claims they collect 97% of rents, but I've spoken to a few hosts who have said that a much larger % of their tenants get kicked out owing $500 or more in back rent that is rarely ever collected - what's your experience been here?
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4 December 2024 | 4 replies
I hadn't really considered buying houses that need a lot of work because I have no experience with hiring contractors for large projects, but that might be the only way to get a cash flowing property here right now.
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5 December 2024 | 17 replies
I'm actually really considering section 8 housing due to returns on the surface.
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4 December 2024 | 5 replies
I've flipped several properties in Eastwood Hills East and surrounding neighborhoods, with about half selling to homeowner occupants and the other half sold to investors with tenants already in place.That said, the specific property you're considering is key.