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17 June 2024 | 36 replies
I saw your corporate announcement.
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16 June 2024 | 11 replies
As you write checks and make deposits your income tax return is preparing itself.At the end of the tax year print a simple Profit and Loss report for the time period and hand it to your bookkeeper or CPAYou still need to keep receipts for seven years or so but the works does itself as you write and code each check.Even if you file as an LLC, Partnership or corporation your CPA will thank you.
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18 June 2024 | 56 replies
In my opinion, I would not take the advice you received regarding using OPM is you have no experience in investing in real estate.I would also not look to be a private lender for several reasons1) You are better off putting your money with a corporate bond / CD and get 5-6% with little risk compared to 10% to 12% with much more risk given today's market conditions2) You won't be able to retire getting interest income, which you said is your goal.
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16 June 2024 | 23 replies
When a large corporation is in financial dire straits, one of the first things they get rid of is the company jet.
13 June 2024 | 2 replies
Are you leases with larger corporate medical provider tenants?
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16 June 2024 | 27 replies
But you can talk to an accountant about setting your business up under a corporation, and doing 1031 Exchanges.
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12 June 2024 | 2 replies
I reviewed the contract deed or deed of sale and its under a CLT corporation , then my parents name.
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12 June 2024 | 2 replies
My wife currently stays home with our 3 children and I work a mid-level corporate job ($76K salary), so my DTI ratio is high.I have identified 30 properties in my area that are either vacant land or are occupied but make some sense to slice off 7-12 acres for this move.
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12 June 2024 | 14 replies
Hello :)There is definitely more out there, i was once in your shoes and now completely got out of corporate world.I am a lender and investor from Houston, TX.
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12 June 2024 | 12 replies
Talk to some local PM companyAccounting - 1 size fit all or you can have multiple ones that handles the property level and the corporate level.