12 October 2024 | 2 replies
GoodbudgetWhat makes it unique: The Goodbudget app uses the popular envelope budgeting system, which allocates portions of your monthly income to virtual envelopes, or expense categories, like groceries, gas, debt payoff, etc.
21 April 2024 | 47 replies
Debt investment such as HML loan from Chris fund above, PPR fund (these are private with lockup).To visualize what I'm saying is try to find article from Citigroup 2024 survey where the family office is allocating investment for their client.
24 May 2021 | 4 replies
Some things that I have thought of would be allocating them to ETF's or IRA's or something like that.
2 March 2016 | 7 replies
I allocated property management but I've been doing it myself.
12 May 2017 | 14 replies
My wife and I have a very small nest egg set aside that is allocated for property aquisition, and that egg grows by the month, so we're not in any hurry.That said, like many other areas around the country, real estate prices are climbing and finding houses on the mls that meet our criteria seems to be going nowhere, which has me looking elsewhere.Looking through the bigger pockets marketplace, I see adds for a few turnkey companies, and have gone so far as to email a couple in hopes of talking with them this week.
7 February 2018 | 4 replies
At tax time, just allocate your expenses between person and the rental.
31 July 2017 | 18 replies
I would rather recommend that you follow a true passion and continue to allow RE to be the asset you allocate your savings to grow long term wealth.
18 January 2017 | 72 replies
@Rafael Norat : I think allocating 2 years of reserves is a great idea: wondering though, how much are your total costs for the 30 units you have currently (costs for repairs, utilities etc) and if you will factor those in - into the "2 year" reserve goal or not?
6 November 2018 | 7 replies
@Jeffrey McintyreThe IRS/Court cases have listed several methods determining the cost between building and land.As Long as you use one of the methods and document it; you should be fine.I do see many accountants just allocating a random figure between land and building across all their clients.
6 July 2022 | 911 replies
Jenny Chung,To add to Will Barnard's post, if there is a trust issue from the wholesaler to you, then just have the escrow party (i.e. title company, attorney, etc.) disburse a check to the wholesaler directly, this way your hands are clean and he doesn't feel the same apprehensions you have.All you would have to do is create a simple disbursement or allocation of funds letter and this will give the escrow company the written authority to disburse a check direct to any party you desire.If the wholesaler is adamant about receiving funds up upfront, then it is a scam.