Troy Smith
CPA tax advice.
9 January 2025 | 11 replies
A good real estate 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 real estate taxation, business taxation, financial planning and tax planning.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.
Shayan Sameer
Fix/Flip or Rental
2 January 2025 | 2 replies
If you were only going to net 10k and the fees male you a lose then it was never a good deal.If you keep project costs less than 72.5% of the ARV then no lending can screw you.
Felisha Derrick
Beginner situation/Hubris/What would you do?
6 January 2025 | 9 replies
Negative cash flow with high HOA fees is a red flag.
Shakthi Kamal
Is a min of 2% rent to price ratio needed for positive cashflow in today's market?
6 January 2025 | 2 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?
Cody Maxwell
SPEC homes line of credit
29 December 2024 | 7 replies
WE dont pay a fee for the credit line as I mentioned just 1/2 point for each new loan..
Rene Hosman
Have you tried tools that report your tenants rent to credit bureaus?
11 January 2025 | 12 replies
It allows landlords to offer tenants a financial perk that can improve their credit health.
Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
12 January 2025 | 7 replies
Quote from @Danth Aman: Quote from @Victor Patel: I don't see a problem with this as he has disclosed his financial interest in the property and him being a licensed agent.
Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
11 January 2025 | 50 replies
A fee well spent for some types of investors.
James Anderson
How Do Investors and Agents Build Off-Market Deal Partnerships?
6 January 2025 | 2 replies
Of course our big motivation is commission but you can get commission or a referral fee or something in an off market transaction if done properly.
Joe Pierson
The Correct Funding
24 December 2024 | 6 replies
There's no charge to me to get these funds except a yearly fee of 200.00.