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11 October 2021 | 26 replies
Let's look at an example of why you can't necessarily say that if cash flow is good, your CoC return will be higher:If you take two identical properties that are right next door to each other and you pay cash for them.
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7 July 2023 | 3 replies
Turn on (only) one same watt incandescent bulb in each unit and see if the meters spin identical, or if one is a little faster.Running the A/C?
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20 August 2022 | 8 replies
Here is a scenario and questioning how I may project nightly rate and occupancy:I'm going to round up numbers to make it easy.House for sale that is 3/2 and is essentially identical to a local (1 mile away) high performing STR, same rooms, baths and beds and yard etc.The high performing STR has over 200 reviews and is 4.85 in AIRBNB.It is charging an average of $200 a night with dynamic pricing and looks like it is booked at about 80% occupancy.Assuming I buy the new place, fix it up and outfit it the same as the local STR, what % could I expect just starting out relative to an established STR in the same market (neighborhood)?
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20 February 2019 | 2 replies
@Isaiah York - If you are in this to build a portfolio of rental properties, then make your life easier and come up with a standard "tenant proof" rehab template that is as identical as possible across ALL of your properties.
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16 June 2023 | 43 replies
An IRA can be invested into a set of funds that is identical to that of a 401k.
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30 August 2019 | 2 replies
------------------My response is below with question for you to follow-----------------Hi @[Identity Hid]- I so appreciate the response- I love a man who knows their numbers!
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17 July 2023 | 11 replies
For AML requirements it's just required that basic (name, DOB, address, Tax ID Number) identity information is provided.
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18 July 2023 | 0 replies
Lifetime learning credit - This credit allows you to take a credit of up to $2,000 per year to put towards education expenses after high school.State taxes paid last year - If you paid state taxes in the previous year, ensure that you include this amount in this year’s taxes with your state tax itemized deduction.First job moving expenses - If you have to move for your first job and you drive your own vehicle more than 50 miles to relocate, you are eligible to take a deduction for your moving expenses.Specialized work clothes - If your work requires that you wear a costume or uniform and the attire is not suitable for general wear, you can deduct the cost of upkeep.Jury pay given to employer - If you provide your employer with your jury duty reimbursement amount, you may be able to deduct this amount so that you are not taxed on it as this money just passes through you.Whaling ship repair - If you or your client is a whaling captain, you may claim up to $10,000 for your equipment and ship repairs.
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19 July 2023 | 2 replies
I want to know what you would do so I am better equipped in the future because there are additional properties in the area with a similar situation.
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3 May 2019 | 9 replies
It is a multiplier, usually 1-6 depending on the condition of the equipment, terms and length of lease, machine count, etc, multiplied by EBITA and NOT the profit.