Account Closed
House hack questions
24 April 2024 | 9 replies
Hey Account Closed welcome to the community!
Ronald Buzzetta
Accounting Software to manage Rental Properties
21 April 2024 | 13 replies
Quickbooks is good although I would definitely prefer to have my accounting software be the same platform as our property management software.
Austin Bright
SMS texting reviews
24 April 2024 | 7 replies
We've had a lot more success with good old fashioned cold calling, response rates are lower (5-10% nationally) but you don't have your accounts being shut down every day.
Cora Gilmore
Tax info from a Property Manager
22 April 2024 | 10 replies
You just manage the account.
Nigel Ross
Starting real estate classes next week
24 April 2024 | 7 replies
I created a quizlet account and copied all of my practice exam questions, course questions, etc into it and just hammered the flash cards/ practice tests every free minute i had.
Anthony Blanco
New Investor Seeking Guidance on Syndications
23 April 2024 | 14 replies
As for meeting your goals, you have to remember: running a syndication is running a company.
Kev Li
IRA's Real Estate Professional Designation
24 April 2024 | 4 replies
Hello, I am wondering if any real estate attorneys can please shed light on whether my current job status would qualify me as a "real estate professional".Specifically, my full-time job in which I work more than 750 hours a year is as a mechanical engineer for a engineering consulting company.
Roy Gottesdiener
House hacking math doesn't add up
26 April 2024 | 21 replies
Your rent avoidance is $100/month, $1,200/year, and $6,000 over 5 years.Taking these four factors into account let’s calculate your net worth ROI for house hacking.Your net worth ROI calculation over 5 years would look something like this:Appreciation: $108,280Loan Paydown: $31,807Tax Benefits: $0 (b/c you aren’t cash flowing)Rent Avoidance: $6,000Total Net Worth Increase: $146,087To calculate your net worth ROI over 5 years, you would divide your total net worth increase by your initial investment (your down payment of 5% or $25,000). $146,087/$25,000=584% This is an incredible return on investment.
Gi'angelo Bautista
Insurance leads? How to get them?
24 April 2024 | 1 reply
We added a few of our properties on the insurance companies websites, but we are not getting any responses.
Neil Seldomridge
BP: Ad Wasteland
24 April 2024 | 1 reply
You would think they would suspend ads for paid accounts.