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28 January 2025 | 8 replies
If you haven’t already, I’d scope out the municipalities around town.. from what I read in The Economist, the Phoenix metropo area continues to rank high for job growth, which usually bodes well for new builds.
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20 February 2025 | 11 replies
The agent is the person who will have all the data, when you do comps are they on Zillow or Redfin?
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17 February 2025 | 5 replies
Being a normal person and giving someone a heads up has not bit me, yet.In addition to what the law requires, I always shoot the tenant a heads up either via text, call, or email.If they are mostly responding to email, then shoot them an email.Emojis and gifs work wonders in today's day in age.
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14 February 2025 | 19 replies
we can do it not rented but rate will be significantly higher. easier and more cost effective to rent it. unless the bridge money needs to be paid back asap or you need the funds back to buy more, then a cost analysis needs to be done. personally id get it rented at market rent or a touch below if time is a factor.
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7 February 2025 | 1 reply
Or can you still run everything through your personal return (just want to make sure that I can deduct things such as HOA fees which I can do if it is a rental).2) If I do decide to run everything thru my personal tax return (save on LLC fees), should I at the least set up a separate bank account to track costs separately?
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18 February 2025 | 8 replies
Bonus points if you have worked with them and have personal experience.The property is in South Carolina, if that matters.
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27 February 2025 | 3 replies
If you are only looking to be the person to flip the deal then you need to find someone willing to find the deal and someone to find the money.A HELOC could be good if you have the equity.
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26 February 2025 | 3 replies
I’m saying you have to do more of it on a consistent basis which most people do not have the budget for… I’ve never personally used the fake check mailer.
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21 February 2025 | 4 replies
I have not personally tried the Wire feature though.I am an Accountant and use it and refer my clients to it as well, connect with me and I will look to see what the costs are to send a wire, they do allow free check and ACH payments if timing is not a factor.I had a client who used Titan, and as an Accountant I did not like it.
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26 February 2025 | 1 reply
I personally have found an abundance of deals where older landlords no longer wish to own but do not want to pay the capital gains tax.