28 June 2018 | 4 replies
I understand the risk to that and feel as though I have accounted for that in my insurance planning.
28 June 2018 | 1 reply
I have plenty of wealth in investment accounts to cover the purchase, but I'm trying to maximize my passive income, so I'd like to leverage a mortgage using my current income to pay for as much of the property as a I can.
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4 July 2018 | 10 replies
I am not sure, but I think that's a bad plan. l don't think lenders are allowed to have recourse on retirement accounts.
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6 July 2018 | 2 replies
What items are not accounted for in the expenses?
3 July 2018 | 8 replies
Originally posted by Account Closed:Originally posted by @Dustin Beam:We all love dirt cheap properties...
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8 June 2019 | 10 replies
Like find a good title company, good realtor, accountant, contractors for rehabs, Escrow company, etc.
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3 July 2018 | 0 replies
Hi,I was wondering if anyone had any recommendations on an accountant I can use come 2019 that has experience with real estate investors.
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3 July 2018 | 1 reply
Hi,I was wondering if anyone had any recommendations on an accountant I can use come 2019 that has experience with real estate investors.
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4 July 2018 | 13 replies
Annual numbers are:Built in 1984 - Seems to be a B class complexPotential rental income $900K-$1M gross6% vacancy ($60K), $20K addition income from vending/laundry - no other amenities, $65K taxes, 5% ($50K) Capex, $28K Insurance, $16K contract services, $90K payroll/staffing, $150K repairs/maint, $6k utilities (tenants pay their own), $10K accounting/legal, $5k advertising/marketing, $100K (10%) PM (is that redundant with staffing?)