
2 May 2024 | 10 replies
You will need to work with a tax professional to analyze your current tax situation (income, deductions, activities, etc.) as well as projected income from the fix and flip business.The benefits have to outweigh the costs (payroll costs, additional tax returns, more stringent reporting and compliance requirements, etc.).One important note - an S Corp is not an entity; it is a tax election.

2 May 2024 | 9 replies
I’d stay the course especially if it’s a nice unit.

2 May 2024 | 8 replies
But generally, the funds offer investors the chance to invest in real estate at a lower price point, maintain liquidity since shares can be cashed out early, and, of course, the opportunity to earn passive income when rent is paid on the properties and when the value of the real estate increases.Types of Real Estate FundsAs you look deeper into real estate funds, you will notice two main types of real estate funds.

4 May 2024 | 9 replies
In all of my personal units and those managed for clients (around 50 doors), we have only had one eviction, and of course it was an inherited tenant that came with the property.

2 May 2024 | 31 replies
@Lucas Carl I'm curious why you exclude professional managers from your competition.

2 May 2024 | 9 replies
These are professionals with additional training and a stricter code of ethics.

2 May 2024 | 2 replies
When I'm not wholesaling, I'm caught up in my aquarium hobby ( freshwater of course (; ), or hanging out with family.

2 May 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

2 May 2024 | 2 replies
For investors, property managers, and construction professionals, the message is clear: the future of real estate lies in innovation and sustainability.Here are a few tips for incorporating technology and sustainability into your real estate strategy:Stay Informed: Keep up with the latest technological advancements and sustainable practices in the real estate sector.Evaluate the ROI: Consider the return on investment for implementing new technologies and sustainable features in your properties.Think Long-Term: Investments in technology and sustainability may require upfront costs but can lead to significant long-term benefits, including increased property value, reduced operating costs, and a positive environmental impact.

2 May 2024 | 4 replies
This team should include professionals like agents, lenders, contractors, and property managers.