David Shaun
Hit $200K in Cash Flow in 2024
16 January 2025 | 38 replies
Thank you Eric.In addition to the rental properties, my wife and I have a paid off house, paid off car, and about $1.4m in retirement accounts, brokerages, and savings.We live in a HCOL area and our expenses are $9.5k per month even though we live pretty modestly.I set out initially to have real estate pay for at least some of my expenses in order to give me more freedom and financial security.Is your wife quitting too?
Ritu Mahajan
Advice for beginners!
7 January 2025 | 5 replies
Additionally, you want to start building your "Core 4": agent, GC, lender, and PM.
Nicole Graziano
Tax's: negative income made on flips
3 January 2025 | 4 replies
There will likely be a partnership return required where you flipped a house with a partner and lost $120,000.If you sold the other property within the same partnership, it will also be reported on that partnership return.The net result to you is that you will receive a K-1 showing your income / loss which you then use to report on your individual return.If you made no money within the same year, you likely pay no additional taxes / get no additional refund.Best of luck.
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
14 January 2025 | 9 replies
Still, this is a poor time in the rental season and 1 months rent can be expected as a cost of vacancy (in addition to the cost to clean and touch up - $900) .Finally and I hope this is is the last one lol - Another tenant is moving out Jan 31st and this unit also requires a full cosmetic rehab.
Eddie Gonnella
Airbnb Hosting as an Individual or Business/Brand? Building to sell/transfer
16 January 2025 | 40 replies
Additionally, would love to hear how others manage multiple listings with the help of others.
Maxwell Silva
How do I market myself as a new agent?
25 January 2025 | 26 replies
If you do call them best case scenario you get the listing, sell their home and end up with some additional buyer clients that did not end up buying this particular house.
Jonathan Abrado
Pace Morby Gator Method Course Review
25 January 2025 | 155 replies
In addition, Pace Morby's team could have systems in place to vet the deals for which loans are sought.
Yehuda R.
Renting My Property to Traveling Nurses. Seeking Advice.
8 January 2025 | 5 replies
Additionally, I’d appreciate advice on pricing.
David Lewis
Boston - Has the ship sailed?
23 January 2025 | 45 replies
Additionally, I'm hearing at meetups that this could extend to multi-fam under 4 units as well, although I haven't been able to confirm.I work exclusively with smaller investors in the multi family space and would be happy to chat more about it.
Chris Magistrado
Defining Crystal Clear Criteria (CCC) for Large Multifamily Investments
9 January 2025 | 0 replies
Properties below this threshold present additional risks and more limited borrowing options.7.