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9 January 2025 | 12 replies
Once you are familiar with what a good investment looks like, then you can create a rule of thumb to help you analyze property faster and only dig deep on the ones that look promising.Here's a guide that describes what good cash flow looks like and how to analyze a property.https://www.biggerpockets.com/blog/rental-property-cash-flow...
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3 January 2025 | 1 reply
Purchase price: $630,000 Cash invested: $120,000 Completely gutted this property, brand new electrical, furnace, propane, finished basement to create separate unit.New garage with rental unit.
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2 January 2025 | 2 replies
It will cut down on the fake accounts created to promote certain individuals, markets etc.
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4 January 2025 | 0 replies
For wholesalers: How are you adapting to buyer preferences or creating irresistible deals despite tighter margins?
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5 January 2025 | 5 replies
@Devan Praska I do not have a manual for my tenants but have created a manual for each of my properties in the event that something might happen to me and someone else would have to take over the management of them.
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18 January 2025 | 17 replies
So this is creating more competition and more agreesive rent rates and/or concessions like 1 month free to get those vacancies filled.
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18 January 2025 | 21 replies
Consider forming an LLC for liability protection or an S-Corp for tax efficiency if flipping frequently.This post does not create a CPA-Client relationship.
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3 January 2025 | 13 replies
Visit FinCEN’s website for filing details.This post does not create a CPA-Client relationship.
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27 December 2024 | 66 replies
I checked all state basis only CA can sustain high growth in home price. 2024 would be fun.
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6 January 2025 | 2 replies
One thing that’s helped me stay on track is creating a timeline as soon as a deal is under contract, mapping out every key date and task.