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9 February 2025 | 12 replies
I have my 2023 taxes Non W2 and hope to have my 2024 Taxes Non W2 back end of this coming week.
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22 January 2025 | 8 replies
@Jacob HavlovickCongrats on purchasing your first duplex and starting your house-hacking journey—this is a huge step toward building wealth!
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24 February 2025 | 11 replies
It’s harder to BRRRR in the Tulsa area now due interest rates, you definitely have to buy at a great discount in order to be all in low enough toget all of your money out and the rents have to be high enough to still cash flow after all expenses (PITI, Mgmt, Vac’s, Rep/Maint, CapEx, HOAs, Util).Based on being “all in” $120K in order to BRRRR and still cash flow at least $300 mo:$120K cash out amount - at 7%/30 yr ($150K+ ARV)PI = $800 mo + Taxes $150 + Ins $150 = $1100mo PITIRENT would have to be at least $2000 mo- $1100 PITI- $200 mgmt (even if self mng, it’s exp for time)- $200 vacancies- $200 Rep/Maint & CapEx= $300 mo cash flow.
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25 February 2025 | 4 replies
Focus on building a strong buyers list in the Spring, TX area by connecting with active investors and learning their criteria.
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10 February 2025 | 6 replies
This will help you close deals faster.Focus on marketing and lead generation to find motivated sellers—direct mail, driving for dollars, and online marketing all work well here.Know your numbers—being able to accurately assess the value of properties and make solid offers is key.Network with other investors and professionals—attend local REI meetups, connect with title companies, and build relationships with hard money lenders.Feel free to reach out if you ever want to chat more or exchange ideas!
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17 February 2025 | 2 replies
I am an out of state investor.How have dealt with this issue>Neal Schadler There are multiple property managers in the "build your investing team" section that can help here.
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16 January 2025 | 7 replies
Could VRBO users from Michigan provide some clarity about the topic of sales tax/lodging tax collection and payment to the state.
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23 February 2025 | 39 replies
So building a buyers list as a "commercial wholesaler" would be a piece of cake.Do you have any commercial wholesalers in your area?
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24 February 2025 | 4 replies
The Sewer Charge and Water Supply Tax may be higher now.Check if you’re now subject to automatic annual rate hikes based on CPI, which could contribute to the increase.4.
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8 February 2025 | 2 replies
Therefore you have to rely on contract, if its a new build, make sure its in the Purchase Agreement.Why?