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2 May 2024 | 13 replies
Hi Greg, looking to purchase and hold, most likely BRRRR, I'm a GC by trader, and I'm used to handle projects out of state, I also have experience with flips here in Miami, but market is not great here now, I have a friend that leaves in Montgomery and connected me with some people there, so that why I'm hitting that way to start my out of state investments.
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2 May 2024 | 11 replies
I'm what people might describe as a "jack of all trades, master of none" (although at this point, due to my current career, I have a fairly deep understanding of interest theory, loan amortization, assessing risk, and certain other financial topics).
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3 May 2024 | 33 replies
I really wish my accountant had given me the heads-up he was depreciating the property and what that meant when I went to sell — but now it's an expensive lesson, I guess.Quick note for those who went for the "get a load of this entitled millennial who filed his taxes late one time" jugular — I imagine you're here to help people, and this is your friendly reminder that it doesn't cost anything to assume good intentions and be nice.
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2 May 2024 | 10 replies
A lot of people set up an S corporation before they're ready and spend more than they save.
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2 May 2024 | 3 replies
Monthly Rent + Monthly Debt Payments <= GROSS Monthly Income * 45%This accounts for some people who have outsized obligations such as car payments, child support, credit cards, student loans etc.
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2 May 2024 | 12 replies
I like all people would like to get it all but we know it is not possible.What do yall want to get for cash flow per door to see a deal as good?
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2 May 2024 | 1 reply
They are putting on an educational webinar on the topic of SDIRAs and real estate (the title of this post) and I wanted to see what people's opinion of their company was.
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2 May 2024 | 27 replies
I have heard so many stories just like this from people who have purchased from turnkey companies.The refi is one way, but you'd have to have a big rate cut to free up $450 (unless this is a high-priced property).
2 May 2024 | 8 replies
Similar to my previous question on Wi-Fi locks, what are people's experiences with modern thermostats?
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2 May 2024 | 9 replies
You're living a lot of people's dreams.