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10 March 2024 | 14 replies
Should I hire a bookkeeper, as suggested by Robert Kiyosaki "Rich Dad, Poor Dad"...i think i do a pretty good job myself.
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9 March 2024 | 8 replies
Another week to collect security deposits, review applications, and place tenant is another $21 per month lost.If the price had simply been reduced by $50 per month after a week with no applications, you've essentially broken even.
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11 March 2024 | 36 replies
Emerald coast is great as well.But if I can make a suggestion.
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10 March 2024 | 9 replies
Here's my suggestion for next steps.
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11 March 2024 | 16 replies
I agree that gives a bit more credibility, so thank you for those suggestions!
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8 March 2024 | 20 replies
I would suggest talking to Hard Money lenders.
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8 March 2024 | 4 replies
Reviewed the FDD and started interviewing other operators?
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10 March 2024 | 5 replies
I would suggest a few things: 1. don't make repetitive log entries every day " managed rental, did calls" copied and pasted 50 times likely would be thrown out in an audit for example. 2. make sure you are materially participating in your rental activities. 750 hours is not enough, you need to pass the second test of material participation in the rental activities to turn that activity from passive to active and claim the deductions on your active income.
9 March 2024 | 1 reply
Does anyone have a suggestion for an in-person (Denver) or virtual meetup/group/class/etc that could help me establish some consistency and accountability (and hopefully networking) with real estate investing?
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12 March 2024 | 250 replies
The same argument discussed above would suggest that if I buy a property for $100K and it appreciates to $500K, I need to buy more title insurance to protect my equity.