Jessica DiPonziano
Which software to use for the following setup
10 February 2024 | 1 reply
And (huge bonus), because it's specifically created for real estate investing, it integrates perfectly with your Schedule E for taxes so it's just making my life so much easier.
Roman A Elizarov
I want to buy rental properties in cape coral and Fort Myers
10 February 2024 | 4 replies
There are county websites that show specific insurance, water and permit guidelines that are very particular to the area (check if the area has "Flood Zone X").
Lilly Fang
How to find a CPA specialized in REI?
10 February 2024 | 7 replies
Hi @Lilly Fang, There are 20+ REI specific tax professionals here who can help if you choose to switch.
Pat Parrillo
New Investor in greater Milwaukee area
10 February 2024 | 16 replies
Do you have a specific price point you are looking at?
Justin Goodin
👋 XIRR vs IRR: What’s the difference?
10 February 2024 | 3 replies
It takes into account the actual dates of each cash flow, making it more accurate for investments with uneven cash flow patterns.XIRR considers both the amounts and the specific dates of the cash flows when calculating the rate of return.It's particularly useful for evaluating the returns on investments like real estate, where cash flows can vary significantly in amount and timing (e.g., rental income, property appreciation, expenses, etc.).In summary, while both IRR and XIRR are used to calculate rates of return on investments, IRR assumes regular intervals for cash flows, whereas XIRR handles irregular or non-periodic cash flows by considering the actual dates of each cash flow.
Becca F.
LLCs and possibly losing step up basis
11 February 2024 | 8 replies
I've left specific instructions to not sell the properties and do something dumb and buy a Ferrari or blow it on expensive vacations (but I guess if I'm dead and they do that, they'll suffer the financial consequences later).
Ryan Fox
Pinnacle Investment Properties
9 February 2024 | 22 replies
I have purchased two investments from Pinnacle and was not pleased with the outcome.
Paul Charles Bayliss
Essential Team Members for Different Creative Finance Strategies
10 February 2024 | 2 replies
And to be specific - it's the person, not the company.
Jonathan Weinberger
Today I fired the Own It Detroit team after spending over $800k with them.
12 February 2024 | 60 replies
COC is a metric that put's into concise data the OPERATIONAL health OF an investment property, at a specific given time-frame of analysis.