Karan Shah
Good area to invest in dallas
20 May 2024 | 6 replies
Collin County seems to be over price, the same than Denton County, though you could find some deals there is always a challenge to find the right one.One thing to take in mind is the maintenance cost, Fort Worth has older houses that will cause issues on the maintenance, if you are looking low maintenance you will need to look a few and identify how you fell comfortable.
Juan Carlos Castillo
Investing in strict HOA
20 May 2024 | 6 replies
If you're expecting to lose $250 a month from the get go without calculating all the other costs associated with renting a unit, its going to be a big time loser.Remember, cash flow is always king!
Sunny Karen
Planning to start investing in Detroit - any one use Upside investments?
22 May 2024 | 48 replies
Bought for $60k all in including the Reno Costs.
Heidi Cousineau
Structuring Investment Entity
20 May 2024 | 2 replies
I will hold the mortgage, but we will split all costs, form an LLC, and be joint owners of the LLC.
Ugo O.
Starting out as a Candian looking to invest in the USA
20 May 2024 | 10 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.
Michael Wentzel
Cost of tax preparation?
17 May 2024 | 8 replies
We have 19 properties in a Colorado LLC and 19 properties in an Ohio LLC. We have a property manager in Colorado and another one in Ohio that give us pretty good annual reports. I believe we have approached 5 CPA's or...
Angie Castro
Bye bye Airbnb
20 May 2024 | 3 replies
I know how to make an airbnb profitable and what it needs plus the actual costs of running one!
Malick Ngom
NEED HELP: Finding insurance for a small condo complex
19 May 2024 | 6 replies
I am in the middle of a transaction where I am selling my condo, however I just found out our complex's insurance had changed recently and does not cover 100% of replacement costs due to a recent claim (last year).
Ryan Sweeney
Rocket Dollar feedback for SD IRAs and solo 401ks
19 May 2024 | 9 replies
I have already established a SD IRA with a custodian.I am looking at establishing a SD solo 401k with checkbook control with a provider at lower costs.I also am looking for advice if it is smart to leave my SD IRA with a custodian and pay the higher fees or if I should roll it over to a provider to minimize cost and gain checkbook control.Thank you.
Ana Bejar
Just want opinions how to invest my money
19 May 2024 | 8 replies
Whether you pay off the properties or keep them, don't forget that you can do a cost segregation study and use bonus deprecation to off set taxes.