Nathan McBride
Opportunity Zone Question
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?
Matt W.
Noob dumb tax question.
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.
Peter Morgan
Does landlording need substantial people skills?
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.
Jeremy Sainlar
Searching for Florida accountant/advisor for realtor/investor
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.
Curt Bixel
Private money lending - Due diligence
17 June 2020 | 10 replies
Those assumptions are mostly correct, but there are a lot of other aspects that are easy to overlook.
Brandon Carlson
How to run/manage a successful Real Estate Brokerage Office?
18 June 2020 | 13 replies
I have a counterpart that handles all the marketing aspects of the business and we work hand in hand to make sure that our marketing has a reasonable ROI.Was it worth it?
Jonaye Barnum
Inspection before submitting offer?
17 June 2020 | 4 replies
The Commissioner of Accounts in the city it's in is requiring the due diligence, including inspection, to be done prior to submitting an offer.I've already taken a look at the house &, other than needing some cosmetic updates, all the major aspects of the house seem to be in pretty good shape.Is it relatively easy and quick to deal with Commissioner of Accounts?
Account Closed
How to finance a 9-unit apartment building
18 June 2020 | 3 replies
See if you can increase your knowledge on that aspect of a deal and work on a pitch.
Dominic Cruz
Before searching for land deals....
19 June 2020 | 4 replies
As with all developments time and timing of everything is probably the most important aspect.
Cody Smith
Looking for Questions to ask a Local Realtor.
18 June 2020 | 5 replies
Hello,Over the past month I've been doing a lot of reading/researching regarding the business aspect of Real Estate and I began talking with a local Realtor I've been doing work for about it.