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16 March 2024 | 15 replies
If you're ever unsure about the fee you're paying now, I would encourage you to seek out a few different CPAs to get quotes from them to see if you could be paying less elsewhere, or confirm that you're already at/near a good value.
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17 March 2024 | 17 replies
The TX + FL houses’ cash flow propped up a new, expensive STR house while it was growing income as an STR.
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16 March 2024 | 5 replies
Whether it's advice on evaluating properties, financing options, or just general insights into the Denver real estate market, I'm all ears.I'm here not just to take, but also to give back to the community in any way I can as I grow and learn.
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15 March 2024 | 20 replies
Let me know if you ever have tenants looking to enter the Greenville SC market.
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16 March 2024 | 2 replies
When dealing with a contractor ask for their proposal and scope of work don't ever work without a scope of work.
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15 March 2024 | 20 replies
Now in the last 5 years have gone to $895 I have houses that was $500 now $1300 Will we ever see this kind of inflation again?
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17 March 2024 | 16 replies
moving it to an LLC will not do much for you in the way of asset protection OR taxes (double check that with a cpa, everyone's tax picture is different). most people lean towards the LLC thing for legal protection, but a single-member LLC is a thin veil that's easily pierced. you'd be paying LLC fees & paying another LLC tax return prep fee, for what i'd say is nothing. if you do want to transfer the deed to an LLC anyway, you'd do a 'quit claim deed' with a title company or real estate attorney. if the mortgage lender ever says something you'll just give them proof that it's a single-member LLC and the one member is you (the original borrower).
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17 March 2024 | 29 replies
Biggest mistake ever.
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17 March 2024 | 24 replies
They often ask about the IRA and private lender part and it gives me a chance to say "if you ever know of anyone that is looking to diversify and make a good return let me know".The same can be said for Seller Financing.
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17 March 2024 | 4 replies
Here’s another one, 80% of all US dollars ever were printed in the last 5 years.