John Hickey
Hard money horror stories. Let’s hear them
20 May 2024 | 6 replies
My total hard money payment was 12k and I was talking in a bit more than 20k but my other expenses were high.
Jazmin German
Seeking connections in West Palm Beach Florida market
18 May 2024 | 11 replies
Im in Coral Springs but dont invest in FL, too expensive for me.
Bob Bates
Management software recommendations
17 May 2024 | 1 reply
I've used Quickbooks for years but it isn't really tailored for rentals and has become very expensive.
Shaunta M.
Windows in property
17 May 2024 | 14 replies
In the grand scheme of things, yes, you should eventually replace the windows so 1) They operate properly. 2) It doesn't turn away potential tenants or cause maintenance hassles when a new one moves in.3) Tenants have proper egress in case of an emergency (like fire).Now, windows are expensive, so you'll have to decide how much you're willing to spend, based on how much income the property is bringing in.
Ugo O.
Starting out as a Candian looking to invest in the USA
20 May 2024 | 10 replies
ROI do not take into account time value of money (selling the asset at year 8 instead of year 2 at the same price, your ROI is relatively similar, but your IRR is far from being the same).4- LEarn to analyze your portfolio: aggregate altogether all your assets and analyze if there's any project cash flow that would be required (balance of sale, loans, etc).
Anthony Alexander
Options for pulling equity out of rental property for purchase
18 May 2024 | 4 replies
I don't have the cash required, so I'd have to finance.
Jorge Martínez
Should I remove tax deductibles (property tax, insurance etc) For cash flow?
17 May 2024 | 11 replies
If you have to pay property tax and insurance they are expenses.
Kiley Harris
House Hack taxes/reporting
16 May 2024 | 3 replies
Start depositing all of the rent into that account while paying expenses for that property out of that account.
Tj Hock
Real Estate CPA Recomendations
18 May 2024 | 4 replies
Are the LLC's multi-member LLC's - If they are, they would be required to filed a separate partnership tax return.Your profile mentions that you are a real estate agent, you may want to see if you are eligible to claim real estate professional status.
Tanner Webb
Making the jump to a second property
19 May 2024 | 9 replies
There seems to be less expensive properties in that area and it's a quick trip down to SLC.