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22 February 2025 | 13 replies
But we dont go down the chain to see if the roofer is paying his shingles bill though / Having Subs you can trust is paramount in this business.. cheap is not always what you waant you want subs that are making money and pay their bills and have credit..
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9 February 2025 | 3 replies
@Ross DerouenBigger Pockets is a great place to find an accountant specializing in real estate taxation.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
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23 February 2025 | 10 replies
I don't really know, however I do know the expert whos book I'm reading does CRE day in and day out and showed me their properties, while I've never seen anything from Peter and I don't even know what his CRE business actually is.A final word to Peter and the Commercial Properties Advisors TeamWhether you agree with this or not, what you are doing is a scam/con and unethical.
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17 February 2025 | 7 replies
DC Investment Property:First read your bylaws and see if there are rental restrictions.Note, in DC you need to apply for and have a business license to rent property.
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23 January 2025 | 2 replies
Asking $5M https://www.zillow.com/homedetails/179-Siletz-Hwy-Lincoln-Ci...Coastal Ranch - 4 structures. 775 Acres.
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1 February 2025 | 23 replies
May negative cashflow until fixed.3) Buy established business: assuming you mean something other than real estate related.
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5 February 2025 | 0 replies
As small businesses, securing funding can be a real challenge.
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24 February 2025 | 37 replies
But guess what, rates WILL drop in the next few months/years and most markets will explode after that IMO.If I had 25K I would look into B or B+ (specifically with schools above 5 greatschools rating, and moderate to low crime rate confirmed by heat map and frequenting businesses there) areas within 25 minutes driving distance from my home for a SFH.
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19 February 2025 | 4 replies
and also like what I do Utilize as STRs: You furnish and list these properties as short-term rentals (STRs) on platforms like Booking.com or Airbnb.Generate Cash Flow: The higher rental income from STRs, compared to long-term rentals, allows you to cover your mortgage/lease payments, generate positive cash flow, and potentially have funds left over for further investments.Positive Cash Flow: STRs often generate higher rental income than long-term rentals, allowing you to cover your costs and potentially profit.Tax Advantages: You can often deduct expenses related to your STR business, such as mortgage interest, property taxes, and maintenance costs.
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21 February 2025 | 9 replies
If they aren't doing much business/volume, they will send you a nice looking term sheet, and you will go through hell trying to get the loan closed.