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1 February 2025 | 9 replies
Are there alternative strategies you’d recommend for this market or nearby markets which are of commuting distance to Danbury?
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10 January 2025 | 3 replies
Any tips/tricks would be greatly appreciated.
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30 January 2025 | 32 replies
What are your thoughts on Cleveland as a place to begin investing and What areas would you recommend I begin looking at?
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21 January 2025 | 5 replies
Here are some tips to keep your projects moving smoothly and scale up:Managing ContractorsControl Payments: Break the rehab into phases and pay contractors as they complete each phase.
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6 February 2025 | 3 replies
Gutters are a must, I would highly recommend installing them on your property if you dont have them already.
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29 January 2025 | 9 replies
Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.
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5 February 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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2 January 2025 | 14 replies
A good tax accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in business taxation, financial planning and tax planning.I would also recommend looking for a accountant willing to work with you throughout the year.
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7 February 2025 | 11 replies
I can see many people's recommendations in the other thread being focused on house hacking, which makes sense to me.
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5 February 2025 | 6 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.