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26 January 2025 | 2 replies
Where to get the most recent and accurate data for things like:Unemployment dataPopulation growthJob diversity and top employers in the areaVacancy rates (eg huduser.org)Property taxes and jnsurance costsI saw bp pro and reventure and a bunch of other websites provide some of this data, but i wonder how accurate and recent it is.
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9 February 2025 | 6 replies
Is his capital only paid back when there is a "capital" event like a sale or refinance?
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12 January 2025 | 185 replies
Agreement for Sale etc.
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12 February 2025 | 12 replies
You will report worldwide income on your federal and Kansas tax returns.You will also include the MO activity on your KS return.Your MO return will only include the acitivity within that state, which in this case, is the rental property.In the future, if you have income in MO(either through the sale of the property or through rental income), you will pay tax to MO but KS will give you a credit for any taxes you pay to MO.best of luck
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5 February 2025 | 0 replies
Purchase price: $77,000 Sale price: $85,000 Contributors: Peter Vekselman Partner Driven teamed up with Jamari Sprueil to secure this off-market deal in Decatur for $77,000.
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3 February 2025 | 0 replies
This, in turn, allows for higher rental rates or quicker sales, directly impacting the ROI.I could remember when an investor purchased an old, three-story commercial building at a bustling downtown area.
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18 February 2025 | 13 replies
For example my market, there are about 1-2 REOs for every 1500 sales.
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28 January 2025 | 42 replies
The place I’m looking at has all employees and a wonderful couple who has owned it for about 30 years.
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6 February 2025 | 2 replies
(rents also peaked from $1900 to $2600 in 2 years)Sale Price - $360K - $370K in the area for same kind of units.
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3 February 2025 | 31 replies
They don't mention anything about paying payroll taxes, workers comp, complying with laws, etcReal estate agents can have a team around them where they do have employees if they have admin/support or marketing team.Regardless, if you want to interchange small business for commissioned sales people in my post you can.My post was mentioning that service providers in the real estate space are incentivized by their advertisements as it will increase their annual income.