Jason Burkart
Gift money for family or buy a rental for family?
27 January 2025 | 9 replies
If I paid cash for this property, the HOA + Insurance + taxes is around $500 / month.
George Palacio
Advice for a first time home buyer looking to purchase Multi-Family
3 February 2025 | 3 replies
As a six figure earner, I am seeking advice and insights from experienced real estate investors on strategies and best practices that were valuable when starting out!
Jeffrey Bourque
Found a Deal but Not Sure
27 January 2025 | 7 replies
. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.
Matt Miller
What Systems Are Brokers Using to Run Their Business? (CRM, LOS, Marketing, etc.)
20 January 2025 | 7 replies
WaveApps - cheaper than QuickbooksHiring & Onboarding: Any platforms or strategies that have helped you scale your team?
Phil Petite
Forming an LLC - Memphis Investor Living Out-of-State
1 February 2025 | 6 replies
I wouldn't recommend setting up an LLC out of state if you are buying in Tennessee unless your tax advisor is looking to help you on strategy.. but from a numbers standpoint, it really doesn't make sense when you start adding up on all of the annual LLC reporting fees from different states and then it starts cutting into your cashflow.
Thelma Bal
Are we in the right path?
2 February 2025 | 1 reply
One has a 162k mortgage, $1250 tax,Insurance,%3.5 30 yr, worth at least 750,000 LTR rent $3200, #2- Los Angeles worth $750k as well just did a remodel of 150 K, mortgage is 75,000 payment $700.tax,Ins, Mtr/str hybrid.
Andria Kobylinski
Boutique Hotel Investing - Financing
21 January 2025 | 15 replies
I'm also having issue with no onsite manager, but in regards to insurance.
Andrew Wade
Starting Out in Real Estate Investing
21 January 2025 | 4 replies
That will start to help form your strategy.
Brian Schamp
Post Hurricane Challenges
13 January 2025 | 2 replies
Insurance is definitely an issue there, and will continue to be.
Bruce D. Kowal
Cost Segregation Studies: The Hidden Passive Activity Loss Trap 🏢
31 January 2025 | 7 replies
Exit Strategy: When do you plan to sell the property?