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24 January 2025 | 1 reply
you may have to save up until you have enough money to do so - down payment, closing costs, reserves, etc.House Hacking: What Is It, How to Start, and Strategies for Successit's a more powerful way to get started.
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8 February 2025 | 29 replies
We live up in Shasta lake.
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8 February 2025 | 9 replies
From there we identify properties that could have some potential and if you are interesting in diving deeper, 1) we do a thorough video walkthrough to give you a realistic look of the property, 2) we give a ballpark estimate of rehab costs (we do 40 a year with our GCs o we will get pretty close), 3) we talk through market rent with our property management team, ARV, and potential highest and best use.Ideally you find great investor agents who know their market really well and have a network of resources to provide you with enough confidence to take reasonable action.
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23 January 2025 | 11 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
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28 January 2025 | 6 replies
I’m in Ohio, so I can purchase a property with $40k cash out, invest $10k in repairs, and rent for a couple hundred above the monthly operating costs.
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7 January 2025 | 0 replies
Also Seller hasn’t paid property taxes in 2 years which is a sign the property is in distress.
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20 January 2025 | 12 replies
My wife, Elsa, and I grew up in the western suburbs of Chicago, but we currently live in British Columbia, Canada.
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19 January 2025 | 2 replies
More units usually is better, but costs more.
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19 January 2025 | 55 replies
As soon as the year membership is up, I'm leaving.
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20 January 2025 | 0 replies
I'm also seeing lots of homes for sale that were used as Airbnbs, so I'm wondering if that along with these numbers may indicate it's an overly saturated market, and if these are signs that maybe I should keep searching for a stronger market, or just a property that cash flows given the average annual revenue?