Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
31 January 2025 | 120 replies
Poor communication, a few mistakes on returns he's sent, and then worse communication after I mentioned these mistakes.
Antonio Tamayo
Tax Lien Certificate
3 January 2025 | 2 replies
With less experienced or just poor planning operators, it isn't uncommon that they spend years distributing all the cash out to the owners, and then the time comes for a multi million dollar refresh to maintain the hotel brand, and no one wants to cough up the money back into the entity.
Caitlyn Drapeau
Best skip tracing services?
18 January 2025 | 15 replies
Compared to other services that might offer lower-quality leads or require higher upfront costs/paywalls, Prime Tracers also give you free lead credits on sign up so you can actually see the results before you commit to a purchase.
Adam M.
Cost for a Tax Specialist
13 January 2025 | 7 replies
I've seen folks charge as high as $5,000 to $10,000 for tax planning and tax preparation, But i also know high quality folks that have fees are around $1,200 to 2k.
Matt McNabb
Building Future Cashflow Portfolio
15 January 2025 | 14 replies
The real estate investing industry uses "Classes" to rank property performance risk, but there's NO agreed upon industry model:(Here's what we use for our Metro Detroit market:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Alex Silang
A development company as a catalyst to drive owner occupancy in a "slum"
3 January 2025 | 2 replies
Well-maintained homes: Homeowners tend to spend more time and money maintaining their homes, which contributes to the overall quality of the neighborhood.
Jemini Leckie
Out of State Cash Flow
29 January 2025 | 11 replies
@Jemini LeckieRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Andrea Lucarelli
Furnished Mid-term rental investing - corporate, travel medical
29 January 2025 | 21 replies
We stick to high quality neighborhoods and homes and are doing really well with it.
Matthew Posteraro
Conservative Scaling for House Hacking
29 January 2025 | 10 replies
Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Andria Kobylinski
Boutique Hotel Investing - Financing
21 January 2025 | 15 replies
The listing was really poorly made, but I was able to tell it needed a look.