10 June 2020 | 24 replies
I wonder if it just makes more sense to find good buy/hold cashflow multi-unit properties.Does anyone out there have any advice to maximize the use of my capital/passion, while minimizing the use of my time/energy?

12 June 2020 | 27 replies
I play what if at year end to maximize my tax situation.

3 June 2020 | 2 replies
Thus i wondering if to create an LLC before buying my first rental so it can help me maximize taxes. since i do plan to manage the property i thought i could open the LLC and discounts things like phone, gas etc. i have talk to other people that told me that just by having a rental i would get to some landlords tax benefits without the business. what do you guys think?

13 June 2020 | 5 replies
I would like to capitalize on the possible upcoming market opportunities that may come from the pandemic downturn but want to maximize my education prior to that.

16 June 2020 | 33 replies
It is in part because the value of 5+ units is based on the NOI and therefore the value is maximized when the income is maximized and the expenses minimized.

6 June 2020 | 0 replies
Want to act as though I am a tenant as well and setup a 3 unit structor.Goal is to keep CPA workload light and maximize my profits while limiting costs.Was thinking - 1 Business Checking account (Property): tenants Zelle rent to and all bills are paid out of, reserves (Cap Ex, Repairs, Vacancy) kept.- 1 High Yield Savings (Business): Majority of CoC return deposited for funding future business acquisitions (earn some interest while building funds). - 1 High Yield Savings: for deposits (pay tenants required interest and transfer rest to Business Savings account.- Personal Checking: Drawing funds, receiving refunds for business purchases, add funds to business account if needed.I made a terrible drawing to help as a visual aid.

10 June 2020 | 1 reply
You may have to consider a creative strategy to get them out like a pay to leave situation if they resist: offer to pay for the moving truck or application fee for the next place or even give them the last month for free...anything to get them out and get your unit up to market value so you can maximize your cash flow.A few points to note before you take action - be sure your area doesn't have any rent controls or laws restricting landlords from raising rent.

23 June 2020 | 8 replies
You may be able to borrow from it but I doubt I would.I don't play a lot with fico maximizing, but a store credit card wouldn't be my go to.

17 June 2020 | 8 replies
To many shortcuts to maximize returns at the expense of consumer.

12 June 2020 | 15 replies
I am just saying you need to be looking at your each dollar AND each minute of your time and find a way to maximize the value and growth potential of each.