Gabe Chase
How to Keep Things Streamlined...
22 November 2024 | 11 replies
We're currently looking for ways to streamline supplies for cleaners (toiletries, towels, item replacements) and handle small handyman issues.
Carsten Mortensen
Due Diligence on a wholesaler
21 November 2024 | 12 replies
It's important to have your attorney review the title commitment, as I've seen "wholesaler-friendly" title companies include various items in the title exceptions that could cause problems later on.
Michael Nguyen
New to real estate. Should I create an LLC? How difficult is lending options?
21 November 2024 | 16 replies
As we sell through these items should we create a bank account with the llc to "season" the capital for when we are ready to reach out to a lender when we are ready to make our first investment?
John Kelly
LLC at homestead house hack
22 November 2024 | 7 replies
You can definitely still write off mileage and many other items on your taxes without being in an LLC.
Sheena Varghese
Flip taking longer than a year and tax implications
22 November 2024 | 12 replies
My only guess is your CPA is thinking this is a rental, where you can depreciate certain items, and expense others against "this years" income.
Corey Gelineau
About Inspection Contingency
22 November 2024 | 5 replies
Once the option period is up, cancellation would only be for items specifically named as contingencies, such as financing.
Ricky Hernandez
First Time Home Buyer Inspection
20 November 2024 | 15 replies
This allows you to make an offer without a HI contingency which is much more competitive than one with the contingency since you are buying the property as is.You can still get the home inspection after you settle to capture all of the detail items.
Lorenzo L.
Starting a Syndication at 21 (NEED ADVICE)
4 December 2024 | 32 replies
There are three items required to make a successful partnership - Time, Experience, Capital.If you are a syndicator, you are likely expected to have time and experience.There is a lot that goes into being a competent syndicator - Proper communications, finding a good deal, communicating quarterly updates, networking with lenders, contractors, PM companies.You can gain experience by doing your own deals or working for someone who does(Ideally both).I personally think you should cement your experience before worrying about OPM.Best of luck
Henry Clark
Self Storage- Marketing- Customers 1 mile to ????
27 November 2024 | 15 replies
Looking back at 2022, one of our largest line items was marketing expense for our new location.