Osvaldo Guerra
Best/safest cities for house hacking.
4 October 2024 | 13 replies
I would instead focus on where you ACTUALLY want to live.
Patrick C.
Numbers/ excel spread sheet
7 October 2024 | 9 replies
I would definitely tailor the worksheet for your own calculations; for example, I added a "capex" percentage to the sheet as part of expenses I want to account for.
Connie K.
Transferring property in Arizona LLC to a Minnesota LLC
2 October 2024 | 5 replies
These LLCs are both owned by the same two people, so there would be no money exchanged.
William Goodlett
Multi family investment
3 October 2024 | 3 replies
That is my back ground along with being in education since 2010.
Brandon Ja
New Pro Member
2 October 2024 | 2 replies
Any advice, stories, or leads would be greatly appreciated.
Yosef Lee
My First Multifamily Full Cycle Success Story: From Novice to Real Estate Investor
4 October 2024 | 33 replies
I think these additional details would be even more helpful for aspiring investors - as financing the deal is often where people get stuck.
Jimmy Leaton
I want to buy my second home and rent out my current home
3 October 2024 | 11 replies
An an effective way to use a HELOC would be on a value add/BRRRR deal.
Ken Aitkens
Wholesale to myself then BRRRR - does the concept work?
6 October 2024 | 7 replies
I would therefore make a wholsale fee of 200K in my wholesale LLC.
Dave Hart
BP referral for Tax services - beware
5 October 2024 | 17 replies
So this is a tricky thing.Accountant's / CPA / Professionals who get paid based on their knowledge and time normally do provide a 'free consulting' call to have a chat with them.However, please be mindful that the 'free consulting' most firms offer is very high level and moreso to see if you both would be a good fit for eachother.Sometimes, these calls are done by the owner(if its a smaller firm) or business development professionals if the firm is larger.1800-Accountants is a large firm so you are likely first vetted by a non accountant whose main job is to get the sale.Best of luck.
Kyle Reynolds
Should I Sell or Rent Out My Home? Weighing Investment vs. Cash Flow Concerns
2 October 2024 | 9 replies
I’m moving out of the house soon and will be living rent-free with my wife at my parents' place in the Bay Area due to some recent life changes.Here’s a breakdown of my situation:Location: Sacramento, CA (4 bed, 2 bath, recently renovated)Current mortgage payment: $3,940/month (including escrow)Mortgage balance: $475,000Current home value: $515,000 - $535,000 (based on comps)Rental estimate: Property management companies are quoting $2,600/month (with fridge/washer/dryer included), but some websites suggest it could go for up to $3,000/month.Planned budget:$540/month for capital expenditures and maintenance$100/month for lawn careTenant to cover utilities (gas, electricity, water)7.5% vacancy rateWe bought the house thinking it would be our forever home, but with our current situation, I’m trying to figure out the best long-term plan.