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29 February 2024 | 10 replies
My suggestion would be to expand your network of wholesalers unless you're inclined to take on the tasks yourself (such as calling, driving for dollars, marketing, etc.).
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29 February 2024 | 7 replies
Here is one: OC Real Estate Investor Networking - Propstream (biggerpockets.com)Good Investing...
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1 March 2024 | 40 replies
Not even sure where you are pulling 30% from...Taking money from a traditional retirement account(non-Roth) now or later is subject to income tax at your marginal income tax bracket.Any 'planning' around distributions that you can do later can also be done now.If you want to take money out in a year where you are in a lower tax bracket(result of going back to school, taking a year off from work to travel, a year where you have a lot of losses from real estate via Real Estate Professional Status, etc).Also, hard to say what your income / tax rates will be when you retire.
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29 February 2024 | 5 replies
Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.
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29 February 2024 | 6 replies
Facebook groups, networking events, and having a specific buy box that you let people know about is a great way to start
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29 February 2024 | 8 replies
It's also nice, because there have been times when a stain needed to be professionally laundered, or we need supplies from the store, and the cleaner does it and just charges her time.
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29 February 2024 | 0 replies
Purchase price: $104,000 Cash invested: $20,000 Deal Deep Dive: Strategy: Buy and Hold Mid-Term Rental Buy Box: - Within 15 minutes to a major hospital - Within 10 minutes to a Starbucks (LOL)- At least two bedrooms- Light Rehab Only (paint/floors/decor)How I Found the Deal: '- networking with fellow local agents (I am an agent, for context)How I Negotiated the Deal: - Gave the seller what they were asking for to get in contract- Negotiated seller credit based off inspections - Told the agent who brought me the deal that HE could represent ME in the deal, which made it a win-win-win.
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29 February 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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28 February 2024 | 4 replies
For those who want to know what the home looks like I have included in the listing many professional photos and a 3D interactive tour.
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29 February 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?