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16 April 2024 | 12 replies
.- rentals do not go under an S-corp, which is why a separate PM company was suggested- S-corp technique on reducing SE tax is both tricky and costly, and you cannot set up your salary arbitrarily- you can only base your 401k on the part that IS subject to SE tax- you usually cannot generate enough "earned income" from this 2-companies setup to make it worthwhile for 401kSee, it is not simple.
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16 April 2024 | 8 replies
Based upon the dates in the pattern, this “lien” probably fell in the “gap” between commitment date and closing date.
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16 April 2024 | 14 replies
@Jamie Bateman used a podio based system.
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16 April 2024 | 12 replies
Most of my clientele are based in the west coast in California and Seattle.
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15 April 2024 | 9 replies
Technological advancements are reshaping the real estate industry for investors in various ways:Data Analytics: Advanced tools offer insights into market trends and investment opportunities, aiding informed decision-making and risk assessment.Virtual Reality (VR) and Augmented Reality (AR): Remote property exploration with virtual tours saves time and resources, attracting potential buyers or tenants and expediting transactions.Blockchain: Secure transactions via smart contracts reduce intermediaries, costs, and fraud risks in property dealings.Online Platforms and Marketplaces: Digital platforms broaden access to properties, investment options, and real-time market data, enhancing efficiency and transparency.Artificial Intelligence (AI): AI algorithms predict market trends, identify investment opportunities, and personalize recommendations based on investor preferences.Internet of Things (IoT): IoT devices provide real-time data on property performance, enabling cost reduction, efficiency improvements, and better tenant satisfaction.Crowdfunding Platforms: Real estate crowdfunding democratizes investment access, allowing smaller investors to participate in projects previously out of reach.In summary, embracing these innovations enhances efficiency, transparency, and accessibility in real estate investment, enabling investors to capitalize on emerging opportunities and stay competitive in the market.Thanks!
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15 April 2024 | 10 replies
Deposits it may put you at risk but you have to judge based on your screening.
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15 April 2024 | 3 replies
The former is valued based on the income approach and the latter based on comps.
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16 April 2024 | 23 replies
I also visited Dallas and I would say that Dallas is about a step or two behind Austin but 2 or 3 steps ahead of Houston, based on just places I would want to live.One more thing.
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15 April 2024 | 1 reply
C/E shop, I’m with Samson and have been very happy, just a word of caution, it’s gonna run about 2k-3k a year just to pay for all your subscribers, mls, sentry etc, I suspect these will be going up substantially as a result of the agents leaving the industry, meaning the need to get more from the remaining, if you get your license make sure you have a use for it, like you will either have a decent client base and/or you are doing your own deals & will save money that way.
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16 April 2024 | 21 replies
I want to begin by saying that I do not recommend just ANYONE doing this, and my story is based in Florida and what we are able to do here....with that said, here's how our deal went down.I was contacted by a seller who wanted to get rid of his house and not deal with Realtors, staging, showings, repairs, etc.