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19 February 2024 | 20 replies
Hard to do in 5-7 years because people seeking financial freedom still have to live.
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16 February 2024 | 3 replies
Two significant bills aimed at regulating rent increases have made headlines, though they've faced different outcomes. 📜💼🔹 Senate Bill 366 & House Bill 721 aimed to cap annual rent increases between 7%-15%, enforce a 2-month notice before rent hikes, and introduce anti-rent gouging measures.
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17 February 2024 | 4 replies
I'm diving into real estate wholesaling here in Utah and I'm seeking to build my network with wholesalers in the Ogden area.
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17 February 2024 | 5 replies
It may lend you a little privacy, but folks who want to find you will just look up who created the LLC and then find you.That being said, in MO, they are incredibly easy to set up, and are not that expensive to establish (~$50 last I checked, although that may have gone up) and doesn't require any input from an attorney or tax professional (in my state)Personally, I have an LLC bc I pay myself through an S-Corporation as a realtor...the savings come out in the wash, but it allows me to pay taxes quarterly and avoid end of the year surprises.Another reason you may need an LLC is if you are investing with partners, and/or seeking certain loan types ( I know hard money lenders often require an LLC)Once again, this isn't my wheelhouse, so at the end of the day, I would reach out to a tax professional to learn moreLong answer short: in my opinion, you do not need an LLC if your plan only involves renting out your inherited home
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17 February 2024 | 7 replies
Here are some tips to help you estimate rehab expenses and considerations regarding your first deal:Estimating Rehab ExpensesSpeak with seasoned Investors: Seek guidance from seasoned investors, builders, or mentors within your local real estate industry.
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17 February 2024 | 1 reply
Is there an increase in population or economic growth?
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17 February 2024 | 1 reply
Both steps help maximize the number of doors over a shorter period of time increasing your passive income and overall ROI.
16 February 2024 | 9 replies
IÂ am able to write a lot of expenses off as I'm self employed.IÂ realize I need to seek help from my CPA but he is out of town.
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17 February 2024 | 2 replies
If I proceed with a townhome/condo, how likely and how often in the past have HOA costs increased?Â
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18 February 2024 | 3 replies
Seeking financial freedom and a good future for me and mine.Â