Kris Tohovitis
Multifamily investing advice
8 January 2025 | 9 replies
If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.
Megan Herrington
CPA Recommendation in ID
2 January 2025 | 6 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.
Joshua Piche
Im looking to move out this year and house hack my first property
7 January 2025 | 12 replies
If you can get financial support to get a duplex/triplex, I would recommend this.
Serge Hounkponou
New member from Indiana
7 January 2025 | 4 replies
@Serge Hounkponou Recommend you first figure out the property Class you want 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?
Susan M.
Problems w/ Allegiancy DST's? Alorica DST in Texas. RE Gain Fund LLC REIT 721.
9 January 2025 | 11 replies
Sounds like they are dumping a bad 1031 property into a REIT and spreading the financial burden upon existing REIT members.
Blake Dailey
I Bought A 130 Unit Hotel and Resort!!
1 January 2025 | 36 replies
Since then, I've documented the process as a Boutique Hotel investor and have a deep commitment to sharing my knowledge around Boutique Hotel Investing with others who are looking for a path to financial freedom, and Boutique Hotels is the best path to get there in my personal opinion.
James Anderson
How Do Investors and Agents Build Off-Market Deal Partnerships?
6 January 2025 | 2 replies
A lot of agents don't want to have to educate someone who is broke and has dreams of financial freedom through real estate just to find out you can't buy.
Ketch Bays
What type of market should I start in?
8 January 2025 | 6 replies
@Ketch BaysStarting small in a cash-flowing market is a smart way to gain experience and build confidence without overextending yourself financially.
Mark Beekman
Where can my LLC get a HELOC?
9 January 2025 | 15 replies
HELOCs are not available because they are residential loans guaranteed by individuals and what you seek is a type of commercial loan or credit line which are available to seasoned companies with proven financial track record.
Christopher Watts
New To Real Estate Investing
31 December 2024 | 1 reply
Real Estate Investing can be an exciting and rewarding venture, offering the potential for significant financial returns and the opportunity to create wealth over time.