Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
If you hire a PM, your financial account structure can be simpler.If you plan to continue purchasing rentals, I like some key accounts at the "management" level (income, opex, tax, owncp, reserve) and only have 1 checking account per property to prevent having 100 accounts and unnecessary complexity.
Allie William Wilson
Eastern Tennessee STR/MTR
3 January 2025 | 14 replies
I’ll continue to research the area.
Paul H.
Questions when working with a new/unfamiliar wholesaler
30 December 2024 | 7 replies
Until whoever is sending you these opportunities has the conversation with you on how much you'd like to make on a deal, how you figure your ARV and how you plan a rehab/ costs they are likely going to continue sending you opportunities you won't find too appealing.
Chase Calhoun
Build to Rent- BTR
22 January 2025 | 13 replies
This lets both the investor and the builder do what they do best.I think this will continue to be a growing part of the investing landscape.
Brody Trott
New Real Estate Investor
4 January 2025 | 9 replies
Scaling up properties requires cash flow or equity, continuous education, networking, mentorship, patience, and persistence.
Lilia Matlov
Facing the Unpredictability of the Real Estate Industry - How to Cope with the Loss o
28 December 2024 | 0 replies
Successful individuals must learn to accept uncertainty, maintain a flexible mindset, and continue to invest.
Cole Bossert
Starting Air BnB Management
6 January 2025 | 7 replies
You also have to be super detail-oriented, focused on continuous improvement regarding the property and guest experience, very in-touch with what it's like to be a guest at the property (and a cleaner of it as well), and focused on technological tools and opportunities.
Jonathan Small
Case Study: Cockroaches to Cash Flow
27 December 2024 | 2 replies
With a 40% expense ratio, the DSCR is approximately 1.21Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offers
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
19 January 2025 | 119 replies
I'm currently in the market for a Tax Pro that can assist with my relatively basic returns and continue to assist with a tax strategy moving forward.
Sebastian Albors
New and Looking to Make First Real Estate Purchase
25 December 2024 | 8 replies
One important detail is that my brother currently lives with us, and we are open to having him stay with us if we do make a purchase as a renter to help cover our mortgage.I see our main options as the following:1) Buying an SFDU to live in, and "house hack" with my brother continuing to live with us and pay rent2) House hacking with MFDU.