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5 March 2024 | 5 replies
To help you in your search: be sure to find an accountant that is willing to grow with you, and is not too high priced fee wise.
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6 March 2024 | 7 replies
Is it really that good given the high premium and lack of ability to change many options?
5 March 2024 | 3 replies
Also, consulting with an attorney specializing in real estate and business law is highly recommended for this.
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5 March 2024 | 2 replies
Hey @Tom Sehon, Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.
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6 March 2024 | 7 replies
A lawyer that I know highly recommends him for SDIRA CPA stuff.
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5 March 2024 | 3 replies
Due to the high real estate costs in my area, I would love to connect with investors who have had success investing in long distance real estate or have completed a house hack in the tri-state area.
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5 March 2024 | 5 replies
Refi hustle might be real, but it's doable with the right prep.I have found a good property (for rental income) but obviously the inflated price with high rates makes it an OK deal instead of a great one.
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6 March 2024 | 5 replies
Specifically on whether the high interest rates will lead to an increase in mortgage delinquency rates similar to what we saw during the 2008 great financial crisis.I plotted the chart below (Figure 1) to compare Fed Funds rate to unemployment rate and mortgage delinquency rate.
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6 March 2024 | 10 replies
Almost every high dollar deal I have done was working an off market deal as an agent.
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6 March 2024 | 11 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.