Shawn Questa
Creative Ideas to Help Distressed Seller and make a Deal Work
23 January 2025 | 3 replies
Quote from @Shawn Questa: Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure.
Amanda Lindsay
Is Rent Redi too good to be true?
19 January 2025 | 13 replies
We have a solid system in Quickbooks and want to stay with that for financials.
John Friendas
15 vs 30 Year Mortgage for Investor
22 January 2025 | 2 replies
The rate might be .5% higher for the 30 year, but looking at it financially what if you took that $187/mo and invested it into the stock market at 7-9% returns?
Tinia James
Made no profit this year should I still file taxes?
20 December 2024 | 9 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.
Michaela T.
Anyone have any accountant recommendations for someone with a W2 & LLC?
22 January 2025 | 4 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 should also 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.
Devin James
Time is of the essence - Im currently learning an expensive lesson
22 January 2025 | 4 replies
Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.
Kaushik Sarkar
First time investment in Multi unit retail
20 January 2025 | 6 replies
What are the financial metrics i should be asking for?
Monty Alston
Need creative advice to pull equity out of my home ?
18 January 2025 | 15 replies
I’m also in the process of launching a new home inspection company, which I’m confident will help me get back on track financially.
Deirdre Lizio
Should you pick a property manager based on price or service?
17 January 2025 | 23 replies
Even when financial goals are met, the experience shapes how owners and tenants perceive the property.
Salvatore Ross
Ideal Property to Manage
23 January 2025 | 6 replies
If the property doesn’t make sense financially as an annual rental, it’s probably not the right investment.