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10 May 2024 | 7 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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9 May 2024 | 6 replies
I am no where near a credited investor yet, but I understand the in's and out's of property management, business deals, transactions, and core understanding of how to find the right deals.
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9 May 2024 | 5 replies
We have a property in costal NC and selling is just a death trap of taxes.
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9 May 2024 | 2 replies
One commercial space leased to credit tenant, the second historically operated as a restaurant but is currently vacant.
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9 May 2024 | 13 replies
Welcome Brandon - I have properties here in the wyoming valley.I am a native to the area.Scranton has many hoops to jump as an investor - esp. an out of the area investor.One is you'd have to hire a property manager if you do not live in the city of Scranton or within 20 miles of the city.Real estate taxes are high -that plus the current interest rate and ask prices makes cash flow an issue.You can find "deals" but please do your due diligence.Here is an example of a potential deal I am evaluating in the hill section of the city: 20 y/o, 2000 sq ft. 3b/3bath TH - Needs paint, new carpeting, and general wear and tear repairs after a 4 year tenant.
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9 May 2024 | 3 replies
But she wanted to know if she can deduct the principal amount that she paid to the person off of her taxes since she has to report the interest as income.
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10 May 2024 | 12 replies
Factors such as higher interest rates, taxes, and insurance can significantly impact potential returns for investors.Remember, success in real estate investment often hinges on buying properties at the right price rather than selling them.
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9 May 2024 | 2 replies
Cost segregation has been a very popular tax strategy for real estate owners as it can provide significant tax savings.
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9 May 2024 | 2 replies
You'd probably want to search locally for this - if in West Virginia, first search would be local banks/credit unions or SBA loan providers
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9 May 2024 | 13 replies
This doesn't even touch on sales tax/occupancy tax/tourism tax remittance monthly.