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22 January 2025 | 12 replies
Even when talking with some real estate professionals who would seem to have an incentive to help me with renting out my property, I have been met with serious warnings (they pretty much say don't do it).
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22 January 2025 | 25 replies
Readers should seek professional advice.
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7 January 2025 | 28 replies
If you're certain the type of renter you're going to get are traveling medical professionals, you know they're on short term contracts (typically 13 weeks).
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20 February 2025 | 114 replies
Read carefully any PPM for any of these syndications and identify how many times the SEC demands the following disclosures: 1) you can lose all your money 2) there are uncontrolled risks 3) there are no guarantees 4) the numbers are all hypothetical 5) the syndicator will use leverage 6) the market usually fluctuates 7) the SEC does NOT have a copy of the PPM 8) the SEC neither read nor approved the PPM 9) the SEC does not vet the syndicator 10) the offering is not registered with the SEC 11) there are conflict of interests 12) the SEC encourages you to seek professional advice Etc etc The game of real estate is based usually on investing in your own back yard and getting some reasonable leverage and if things go against you, then decide if they are issues related to the market cycles and you can hold on till the market shifts and recovers or you should just dump the project at a loss and pay off your loan.
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27 January 2025 | 12 replies
I know some solid professionals in this area if you need some referrals.
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15 January 2025 | 8 replies
I've painted more walls, ceilings and trim work than I could ever count in my lifetime and *I* suck compared to professional painters, and most of my paint jobs could pass for lower-end professional jobs.
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1 February 2025 | 56 replies
Here is my list of the most dangerous real estate related investments for the “non professional” investor lacking direct knowledge and experience in these investments 1.
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20 February 2025 | 32 replies
The chart of accounts is structured around the Schedule E, so you simply export it and send to your tax professional.
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1 February 2025 | 23 replies
I also recommend you start looking for a professional property manager, at least until you educate yourself enough to run this solo.
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21 January 2025 | 15 replies
People coming into town to visit family, reunions, weddings or professionals on contracts.All that to say, don't count yourself out.