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4 March 2024 | 59 replies
The problem in the industry is that bad accountants attract a lot of clients, and great ones attract armies of clients.
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5 March 2024 | 34 replies
If there is a low balance on the 401K would you guys suggest liquidating it?
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4 March 2024 | 18 replies
Hi guys, I wanted to share with you a complete STR analysis of Okaloosa Island, Florida.
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4 March 2024 | 34 replies
Due diligence was trust in the #2 guy, who left shortly after, and talking to 3 "satisfied" investors.
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3 March 2024 | 1 reply
It also had areas of high crime and it has bad rental politics.
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5 March 2024 | 11 replies
Hi Adam,I've always been a real estate guy but exposed my personal portfolio quite heavily to a regional bank ETF.I guess time will tell if I'll be a "Hero" or "Zero" lolCome on you Fed and reduce those rates 😁Real estate is and always will be my bread and butter tho.You can't beat the safety of a "brick and mortar" investment per se.My best advice would be if you are going to go down the path of investing in out of state rentals to have a growth mindset.Buying 1 or 2 isn't worth the risk or hassle and you might as well invest in your own back yard.10+ years in the industry and my most unsatisfied investors are the one's that build smaller portfolio's.If a property goes vacant and takes a few months to get it back performing, with a small portfolio that could impact cashflow of 30-50% for that year.Our investors that own 7,8 or 10+ properties, don't even feel it if 1 or 2 go vacant.Just my opinion and wishing you much success
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3 March 2024 | 1 reply
They all have good and bad things about them.
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3 March 2024 | 7 replies
A bad tenant can easily allow their dog to cause thousands in damages, from torn screens to scratched doors to soiled carpets.
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3 March 2024 | 20 replies
Chris, too bad you’re so young you missed all the 1970s and 1980s fun!
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2 March 2024 | 8 replies
Hi guys,Quick question..I have W2 job and last year did around 85K gross from my job..Also in October last year I bought investment/rental property with 30% down..today my tax person told me-I owe the government $ 3,5K ...please keep in your mind compare to my coworkers I am paying crazy amount taxes during the year...I know each case is different and unique but is this even possible?