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20 December 2021 | 25 replies
@Ignacio Linares Its not impossible but its not common.
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5 January 2022 | 3 replies
@Serge VeletFlippers are responsible for paying Federal Taxes, Self-Employment Taxes, and State taxes.An accountant's goal is to make your net income as low as possible which results in the least amount of taxes.Some expenses available to flippers areHome office, Tools, Mileage, Health Insurance costs, Retirement ContributionsBest of luck
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22 February 2022 | 17 replies
It's extremely common for buyers in the Austin market to waive the appraisal contingency to win in multiple offers, which means they are removing their right to terminate or negotiate if the appraisal doesn't meet value.
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9 December 2021 | 1 reply
But make yourself, your health, your mental health a priority every day and it will be huge!
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20 December 2021 | 11 replies
You don't want to put yourself in a position where the balloon comes due and the capital markets have dried up (i.e; 2009-2011) With most commercial loans, there are 4 items that are commonly negotiated or massaged: the % loan to cost, the interest rate, the amortization rate, and the length of the balloon payment.
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27 December 2021 | 44 replies
It's a common mistake to start rewarding yourself too early.I started investing in 2016.
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14 December 2021 | 12 replies
That type of contract is pretty common, although we don't always require it.
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17 December 2021 | 5 replies
Our household income is about $13k monthly after taxes and payroll deductions (health insurance, 401(k), etc.)My wife and I have never been particularly fiscally responsible, although we live a fairly simple life.
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4 January 2022 | 10 replies
You need health and safety items in and working.
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5 January 2022 | 4 replies
You should know rents, common expenses, vacancy/occupancy rates, etc.