Sam Chen
RE syndication vs. crowdfunding?
20 June 2019 | 5 replies
If you do that will most likely end up with a portfolio that is out of balance with your overall objectives and goals.
Shane Pearlman
Cashflow Doesn't Build Wealth?
5 September 2014 | 245 replies
The goal is to have both types of properties to achieve their specific objectives while focusing on reducing the tax foot print simultaneously.Currently, my focus is weighed 65% towards cash flow and 35% towards equity growth, but this changes as I review the financial statements periodically to balance things out.
Jeremiah Akindele
Just paid $4000 for 3day workshop. Thumbs up or down?
9 February 2020 | 211 replies
They see themselves as the fastest path to help clients accomplish the financial objectives, understand 1031 exchanges and using IRA's7.
Account Closed
Multi-family Rental, Good. Single-Family Rental, Bad?
13 December 2019 | 8 replies
Account Closed, there are just so many ways to make money in real estate that it can be a worthwhile exercise to review some of the main strategies to see if you can find one that best fits your skills and investment objectives.
Greg Smith
Security Deposit Dispute: How Long To Hold Money in Escrow?
10 November 2023 | 17 replies
Failure to do this within 30 days, the landlord forfeits their right to make any deductions.If the renter doesn’t object to the deductions, then the landlord has 30 days after the initial written notice to return a portion of the deposit to the renter.However, if the tenant objects, then the landlord can move to a small claims court.https://www.managecentralfloridaproperty.com/florida-securit....That being said, as others have stated, I have zero clue a to why the owner is even involved.
Shirley Kocho
Best place for cash flow and appreciation
16 September 2023 | 14 replies
They can help you make an informed decision that aligns with your financial objectives.
Daniel Suarez
Hiring someone to show properties
18 June 2018 | 22 replies
Their objections are easy problems to address.
Sunny Kapila
How to calculate price for Multi Family property
2 May 2019 | 32 replies
If it spits out cap rate then I wish it wouldn't... lol... or at least it should come with a disclaimer like "object appears more useful than it really is".... okay BP j/k.The cap rate you're referring to is what some BP members call "property cap rate".
Simon D.
Tenant Clogged toilet and flooded bathroom causing water to leak
15 April 2018 | 13 replies
TP is the only foreign object getting stuck in the toilet and that doesn't appear to be a tenant being negligent.
Nadine Smith
$40K Suggestions on Investing
28 September 2023 | 10 replies
@Nadine Smith The best strategy to start real estate investing with $40,000 can be summarized as follows:Educate Yourself: Gain knowledge about real estate investing through books, seminars, and online resources.Define Investment Goals: Determine your objectives and decide on the type of properties or investments you want to pursue.Choose a Niche: Focus on a specific area of real estate investing, such as fix-and-flip properties, rental properties, or real estate investment trusts (REITs).Create a Budget: Assess your financial situation and allocate funds for investing, while keeping some aside for potential expenses.Explore Financing Options: Consider mortgage loans, partnerships, or alternative financing methods to leverage your funds.Start Small: Begin with lower-priced properties, such as single-family homes or small multi-unit properties.Conduct Market Research: Analyze local markets to identify areas with potential growth, rental demand, or favorable conditions.Analyze Deals Carefully: Perform due diligence on potential investment properties, considering their financials, condition, and location.Build a Network: Connect with real estate professionals and fellow investors for insights, opportunities, and resources.Take Action and Learn: Execute your investment plan, manage properties effectively, and learn from each experience to refine your strategy.Remember, real estate investing carries risks, so it's crucial to thoroughly research, seek professional advice, and continuously educate yourself to make informed decisions.Goodluck and continue to ask questions and you will be fine.