Alex T.
Recommendation for Accountant in Philadelphia
4 August 2018 | 3 replies
What do you think is a fair price to do a relatively simple year of LLC taxes, generate some K1s and 1099s - $650-$750?
Alex Pineiro
Pre newbie. Thoughts on breaking into the NJ market?
21 August 2018 | 8 replies
There is always some other misc expense related to an specific property/transaction.
Tara Kinney
Invest and loan from 401K or just save?
15 August 2018 | 15 replies
If you don't intend to borrow too much and plan to pay it back relatively quickly (typically, you're looking at a 5-year loan if the borrowed funds are not used to purchase a primary residence), this strategy may work.
Arun Kumar Balasubramani
realistic Cash on Cash and the CAP rate
8 August 2018 | 5 replies
It really depends on your market, but in many, a 6% cap rate is relatively normal.
Elijah Upchurch
TX Multifamily Analyst Looking to Work, Partner, and LEARN!!!!!!!
9 August 2018 | 4 replies
If you would like to know more about me, I have created a real estate related Instagram account where I plan on documenting my entire process, and to hopefully bring a little value (either now or in the future) to those in the same position as I am.
Josue Godoy
Should I flip or rent?
7 August 2018 | 1 reply
@Josue Godoy This is a loaded question- If you are planning on being very specialized in a single area it would make sense to go one way or another...this is an oversimplification, but the point is to be diverse enough that you can process any type of deal...for example, really focus on an area you like well...like flipping, but learn how to hold properties as well, and whatever else you want to learn...as you grow, you'll be receiving many leads from different sources...and the point of this rationale is that you should have enough tools in your toolbelt to put your deals in a "best use" funnel...then profit on the other side.I'm only adopting this position because you are so young and have so much time in the industry to elect to pursue and specialize in one strategy.The simple answer is related to your goals...assuming you want passive income to replace your W2 means that you will need to buy and hold properties...similarly, if you start flipping properties, you're creating another job for yourself and creating a liability.
Liz Murphy
Personal Name vs. LLC to help get rid of squatter/does it matter?
30 August 2018 | 9 replies
NH is $100 per year#4 - I think your husband's taking possession if something happens to you is related to how you set up the LLC and/or how your estate planning is set up, again, talk to that attorney.
Abe Sampson
Questions About Home Sale Exclusion from Capital Gains Tax
7 August 2018 | 3 replies
I have a couple questions related to the tax benefit of selling a home you've lived in for 2 of the last 5 years.1.
Stanley Mcgurn
new to the game and looking
8 August 2018 | 4 replies
Maine is a big state, relatively.
Mike Wafzig
New Investor from Cincinnati, OH
11 September 2018 | 12 replies
If you buy a property, make it have a positive income stream you can probably sell it relatively fast and move your investable cash into a larger complex later.