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19 April 2024 | 6 replies
I'm an LP in a large retail deal, but mostly I run direct industrial.what are you looking to buy?
18 April 2024 | 12 replies
Currently own my primary residence and 2 investment properties are a beach condo (short term) and single family home (long term rental).The problem is I run a successful business and have no time to do the research in new markets, deal flow, upgrades, making sure cashflow, property management, etc.I am also not a real estate professional.
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18 April 2024 | 18 replies
Quote from @Michael Potorti: Analyzing areas around Columbus OH for purchasing duplexes and SFH for appreciation / cash flow - would like to stay in $100-200k range - any insight on where to target and areas to avoid are appreciated. we are building at 100k a door right now. if you get a bigger budget please reach out.
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19 April 2024 | 4 replies
It is going to take a disciplined plan to deal with the short term "musts" and then set yourself up for an easier time in the long run.
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19 April 2024 | 14 replies
Thanks If you send me the details I can run it through a company we work with who does a lot of DSCR loans.
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19 April 2024 | 7 replies
Are you working with a Realtor® or a contractor, both can likely solve your problem as the agent will have access to more data and knowledge of how to run comps, the contractor will be able to give you a better idea of repair costs.
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18 April 2024 | 2 replies
It was previously a STVR, in fact the previous owner lives next door.
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19 April 2024 | 15 replies
This includes individuals who primarily have W-2 income from employment, basic investment income, and perhaps own a home or have standard deductions.Rental Property: If you have one or two rental properties and feel comfortable managing the related expenses and deductions, tax software can handle this level of complexity, especially if your transactions are straightforward and well-documented.Complex Scenarios: Hiring a CPAWhen to Consider: As your financial life becomes more complex—such as owning multiple rental properties, running a business, dealing with investment incomes, or having special tax considerations (like inheritance or foreign income)—the benefits of hiring a CPA increase.Cost Consideration: Hiring a CPA typically costs at least $1,000 to file your taxes, which can increase based on the complexity of your return.
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19 April 2024 | 8 replies
You just tag your transactions as you go and then run a report at EOY.
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20 April 2024 | 26 replies
When you run the numbers they don't work.