Dionte Griffin
first deal advice
3 January 2025 | 3 replies
This usually works where there is a lot of garages.If you have the means to solve the financing challenges a tic/coop can be another sophisticated value add.Note this is just some value adds.
Ashley Snider
Hello! Starting on square one!
6 January 2025 | 11 replies
Prioritize your financial stability.
Richard L Buchanan
Real Estate Investing
13 January 2025 | 9 replies
It's an exciting journey that can offer both financial rewards and personal satisfaction.
Chandler Koch
New Real Estate Investor in Boise Idaho - Go Broncos!
14 January 2025 | 4 replies
My goal is to have financial freedom so I can eventually quit my 9-5 job and use my time to spend with family and do things that excite me.
Ben Sturgill
Financial tracking software or spreadsheet
7 December 2024 | 6 replies
I'd ask around some GC's that are higher level they may have some decent project management/financial tools if they're at scale.
Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
10 January 2025 | 3 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
Dustin Wheeler
New member exploring real estate
13 January 2025 | 10 replies
I encourage you to define your financial goals, as real estate presents numerous possibilities.Building a strong foundation of knowledge and connections can significantly impact your success in real estate investing.
Jacob Havlovick
Duplex House Hack
13 January 2025 | 6 replies
@Jacob HavlovickBigger Pockets is a great place to find a real estate tax accountant.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 who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
JR Mack
Graduating analysis paralysis
13 January 2025 | 11 replies
Thank you for the financial breakdown!
Rene Hosman
Have you ever moved your HSA to get better investment options?
13 January 2025 | 8 replies
Here's a blog I wrote about H.S.A.s invested in alternative assets Financial Independence Retire Early - Achieve FIRE Faster with a Self-Directed HSA- https://udirectira.com/achieve-fire-faster-with-a-self-direc...