James Robert
Do I sell and set myself up OR keep as a break even rental?
4 March 2024 | 14 replies
I invest in other classes than real estate).Having 300 would allow me to delete hard money lenders from my flipping business.
Tip Mallick
Possible relief from reporting of beneficial ownership information?
3 March 2024 | 1 reply
The CTA required information about the beneficial ownership of companies registered to do business in the US starting Jan 1, 2024.Link to article:https://www.natlawreview.com/article/us-corporate-transparen...
Ayomikun Oyeleye
Investing in Real Estate as an Employee vs. Self-employed in Louisville, KY
2 March 2024 | 2 replies
I main question is about scaling in real estate as a business owner vs employee.
Andy R.
Real estate CPA
3 March 2024 | 8 replies
I do all of the bookkeeping and taxes for my own real estate business and would be happy to assist you with yours.
John Underwood
Airdna STR market Analysis
3 March 2024 | 7 replies
I feel like January and February are slow for any/most businesses.
Marty Hofmann
Best CPA in Oklahoma who has investment real estate themselves?
2 March 2024 | 11 replies
My thought on the Corporation vs LLC was to switch my self employed business from a LLC to a Corporation and use that Corporation to invest in real estate.
Justin Goodin
33 units in Indy
3 March 2024 | 1 reply
We purchased this directly from the seller at an incredible basis and look forward to executing our business plan in the coming years.
Justin Goodin
10 years ago people said this about real estate
3 March 2024 | 22 replies
Or worse ...As you grow your business, so should you grow your reserves.
Justin Goodin
Full Breakdown: Operating Expenses
3 March 2024 | 2 replies
These numbers should be determined using a combination of the historical financial data available, feedback from your property management company, your business plan, and the property characteristics.Generally, you can expect per unit numbers like this:Repairs & Maintenance: $200 – $500 per unitAdministrative: $150 – $350 per unitUnit Turnover: $200 – $300 per unitContract Services: $200 – $500 per unitUtilities: $800 – $1,200 per unitAdvertising $100 – $300 per unitPayroll $1,000 – $1,600 per unit (very market specific)Insurance: (very market specific)RE Taxes: (very county specific)Again, these are very general per unit numbers but they should help provide you with guidance.
Rachel Chioreanu
What process do you follow to vet contractors?
3 March 2024 | 2 replies
Treat them as partners and grow your businesses together