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15 January 2025 | 3 replies
For instance, if there was a total of $250K of debt on those properties that woud leave you with $350K of proceeds to use to purchase $600K of real estate.
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13 January 2025 | 16 replies
Quote from @Brian Malavsky: Totally agree with everyone else and I didn’t see anyone mention an “Umbrella Policy” I just got quoted this week for $1,000,000 coverage for only $350/yr.
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19 January 2025 | 354 replies
The plan is to pay the debt down (it is due at the end of the year), pay back vendors (I forgot about this on my last post.
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14 January 2025 | 28 replies
My CPA also quoted $350 to send out only 6 1099's total in 2 LLC's.
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16 January 2025 | 2 replies
I'm thinking interest rates will sit at 6.25-7.5%, with total cost at roughly 210k.
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16 January 2025 | 12 replies
Doing a 100+ unit deal is totally doable as your first transaction.
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14 January 2025 | 27 replies
We signed P&S agreements on 6 different properties totaling 20 units approximately 8 months ago and received a call today that the price we thought we were buying at has to-be increased on average 13% due to the increased cost of construction.
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17 January 2025 | 3 replies
Of course, I totally understand that you wouldn't want to do if that guide is written by another real estate agency, in which case you have option 2.b.
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19 January 2025 | 13 replies
Other software also has bank feed integration, automated income tracking, receipt scanner, accountant-approved reporting, etc.Of course, it totally depends on what features you prioritize!