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13 December 2024 | 7 replies
Just for simple math use average 20% personal tax rate.
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18 December 2024 | 23 replies
After all my maintenance expenses on average, I’m making an extra 12k/month from the rentals and paying my $1700 mortgage.
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14 December 2024 | 36 replies
The real estate industry has changed a lot in the last 5 years and many real estate brokerages are going down the same path as commercial brokerages.
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20 December 2024 | 28 replies
A lot of other industries, including one I’m in, are VERY litigious.
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12 December 2024 | 9 replies
We have 3 rental properties that produce 8k monthly in total on average.
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11 December 2024 | 7 replies
Here’s how you can approach both issues:For rent comparables, since RentCast and Rentometer are giving you different results, the best way to narrow them down is by averaging the estimates and focusing on properties that closely match the one you’re analyzing in terms of size, number of units, and amenities.
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6 December 2024 | 2 replies
I have worked my entire career in construction and last 2 years performing entitlements, permitting, and construction for industrial developments along the Wasatch.
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8 December 2024 | 0 replies
Knowing this information will help you identify the right professionals to bring on board.At minimum, your team team should include:Financial Advisor: to help with investment strategies - portfolio diversification and risk management.Real Estate Agent/Broker: to help with property acquisition and market analysis.Accountant or Tax Advisor: to help manage financial records, tax planning, and optimization.Attorney: to provide legal counsel for contracts, agreements, and investment structures.Mentor or Coach: to offer guidance, insights, and industry knowledge.Networking and Relationship Builder (for everything else you will need): to connect you with potential partners and collaborators.
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13 December 2024 | 3 replies
For example, if you are an active investor you can still find deals but they may not have quite as high of returns as we had become accustomed to in the previous years on average.