Rory Darcy
out of state investor wanting to invest in wisconsin or illinois
27 January 2025 | 12 replies
@Rory DarcyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location 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?
Troy Smith
CPA tax advice.
9 January 2025 | 11 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.
Brandon Leffler
Building my financial freedom
3 January 2025 | 4 replies
I’m happy to be in a forum with fellow investors and people wanting to master real estate. I enjoy hearing about peoples’ personal wins and innovative, creative strategies. I hope to be able to contribute to other p...
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
I also found that being at "market" rents it takes longer to rent therefore missing out on a month or two of income negating the ROI on improvements.
Garrett Brown
This ONE Change Can Boost Your Airbnb Ranking
24 January 2025 | 25 replies
That’s why improving your Click-Through Rate (CTR) is one critical metric to focus on to boost your Airbnb profit and visibility.The key to improving your CTR?
James Boreno
Do I have to pay Capital Gains?
27 January 2025 | 6 replies
@James Boreno You’ll likely owe taxes, but don’t forget to account for your adjusted cost basis, which factors in the original purchase price, depreciation over 10 years, and any capital improvements.
Jesus Nieto
Need help with SubTo Deal
27 January 2025 | 11 replies
Do you want your son to bet the financial outcome of his 20s on this seller's ability to make good choices?
Sasha Josephs
Neighborhoods in Oakland on the Up and Up? Lower Dimond?
26 January 2025 | 1 reply
Oakland has some ambitious plans to improve the city, and as rate improves, I firmly believe certain parts of Oakland will recover faster than others.
Vincent Plant
Hard Money Costs Too Much?
13 January 2025 | 15 replies
I'll add a few more things that can have a huge financial impact: required reserves, LTC (loan to cost), application or other upfront fees, and prepayment penalties.As a fellow flipper, I think it's important to have reserves, but they shouldn't be required as part of your funding.
Josh Buchanan
Any reviews of RentRedi?
19 January 2025 | 51 replies
They don't seem to realize that this is a financial organization.