Bocondo Williams
Stripe payments on TenantCloud started charging $1.5 per ACH
9 July 2024 | 9 replies
Better software will give you the option of charging the Tenant for those ACH fees, but I personally eat the cost of them.
Brett Riemensnider
Remodeling My First Unit On First Investment Property!
9 July 2024 | 6 replies
I feel like this approach gives me the best bang for my buck since its cheaper than all new LVP and will be easier to maintain the hard working rooms.
Satyajit Bappanadu Manjunath
Pre-approval from multiple lenders
10 July 2024 | 16 replies
A few did understand my strategy and I chose a mortgage broker who was not a "say yes to everything" person.
Navid Sadighi
How should I continue to grow my dad’s portfolio?
9 July 2024 | 22 replies
I personally have one property that I purchased in 2017 that’s built some equity but I’m definitely an amateur investor.
Jane Johanson
Best Transaction Management software for a large real estate team
9 July 2024 | 2 replies
Hi I am looking to incorporate a real estate software that manages multiple transactions for a 14 person real estate team in NJ.
Mackenzie Lopez
DJ Thielen needs to be stopped
7 July 2024 | 11 replies
Yea it feels weird so blatantly calling someone out but no one's had a good experience with him yet and It would make it worth it if I could even dissuade one person from doing business with him and getting scammed.
Mary Chen
Expenses that can be used in a 1031
9 July 2024 | 2 replies
So any cash you take from the exchange to pay yourself back for those expenses will be seen as taking profit by the IRS and they will be taxable.If any of your vendors are willing to wait and put those expenses on the settlement statement then they might be eligible depending on what your accountant feels.
Antonio Patterson
Tired of pushing Real Estate Aside
9 July 2024 | 10 replies
Here's how to get started and advice on each area:Section 8 Rentals:Education: Learn about the Section 8 program, including eligibility requirements and benefits for landlords.Networking: Connect with local landlords who have experience with Section 8 rentals for practical advice and insights.Property Selection: Look for properties in Raleigh, NC, and surrounding areas that meet Section 8 housing standards and have potential for rental income.BRRR Method (Buy, Rehab, Rent, Refinance):Research: Study the BRRR method to understand how to find undervalued properties, finance renovations, and refinance to pull out equity.Partnerships: Consider partnering with contractors, lenders, and real estate agents experienced in BRRR to streamline the process.Market Analysis: Analyze local market conditions to identify neighborhoods with potential for property value appreciation and rental demand.Airbnb Properties:Regulations: Familiarize yourself with local regulations and zoning laws governing short-term rentals in Raleigh, NC.Property Preparation: Prepare properties to meet Airbnb standards, including furnishing, amenities, and guest experience.Marketing: Develop a marketing strategy to attract Airbnb guests, leveraging platforms like Airbnb and optimizing property listings.Overall Strategy:Continuous Learning: Stay updated with industry trends, attend local real estate meetups, and consider joining real estate investor groups.Financial Management: Manage your LLC, Opal Capital Holdings, effectively to track expenses, income, and tax obligations.Long-Term Goals: Keep your multifamily apartment goal in mind, and progressively scale your real estate portfolio based on experience and market opportunities.If you would like some help getting started, or just want to discuss please feel free to reach out to me directly.