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15 June 2020 | 1 reply
One aspect you've left out is appreciation.
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16 June 2020 | 4 replies
I hadn't really given the depreciation aspect consideration.
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22 June 2020 | 49 replies
I think physical fitness is extremely important, as it carries over into may other aspects of life.
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19 June 2020 | 8 replies
If you take 10% of that and it's greater than the annual PM fee savings compared to a company with R&M markups then you can be fairly confident that, on the average, you will loose money every year (again, only looking at this one issue is not a wholistic approach to comparing options but will highlight the costs aspect).
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16 June 2020 | 0 replies
If you are an established multi-family investor or wholesaler considering automating and improving aspects of your current process with Podio it could initially appear prohibitively intimidating.
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17 June 2020 | 4 replies
It has an apartment that is rented out in the back and an attic that is plumbed for an apartment addition, so there is an income producing aspect to it even if I purchased it as a primary residence.My question is can I purchase the property with a partnership LLC (which already exists and owns property) and then rent the main house from the LLC for myself to live in?
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29 June 2020 | 15 replies
While I might be able to do a tax return with very rudimentary investment in oil & gas, I would not be able to see issues, opportunities for savings or otherwise be able to advise or alert my client on any aspect of it whatsoever.One rental property can be fine for many "general practitioner" CPAs.
17 June 2020 | 10 replies
Few years ago I started feeling there is a need to earn more to support our growing needs perhaps with a second job but that would take away my personal time with my family .I got inspired with my previous landlord who was house hacking with a multifamily, started researching BP and started devouring every resource that came my way and took a big leap of faith and invested in my first multifamily without getting stuck in an analysis paralysis mode upon analysing few deals.While I do like the passive income aspect of a multifamily, I am feeling it's more than second job as it consumes me so much more emotionally and taking me away from my family and I sometimes start feeling if I introduced a new problem to solve an existing problem with this multi-family investment.I am generally a warmly friendly person but ever since I bought my first multi-family and started renting I feel like I have turned somewhat cold.
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21 June 2020 | 13 replies
Hi @Jeremy Sainlar I have many colleagues both Realtors, wholesalers, landlords etc that use either of these two that are stellar in this space as both are actually active investors themselves and fully understand all aspects of RE.
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17 June 2020 | 10 replies
Those assumptions are mostly correct, but there are a lot of other aspects that are easy to overlook.