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4 March 2024 | 8 replies
Here are some considerations:Real estate requires a strong network.
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4 March 2024 | 8 replies
Certified Tax Coach teaches accounting professionals how to bilk their clients for maximum fees, which Tax Coach in turn does to those seeking the Certified Tax Coach certification by charging large monthly fees on top of the required classes and conferences.And yes, it's not a "real" credential, just something they dole out to the tax professionals who spend ridiculous amounts of money for their services.You can find good accountants who will work pro-actively for you without all the monkey business.
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5 March 2024 | 27 replies
I can assure you in in upscale and luxury, having a place to put clothing - be in nice closet organizers w drawers or a dresser, is likely a requirement to deliver on expectations in those price points.
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4 March 2024 | 11 replies
We saw lenders requiring a 30-day "pay balance in full" situation.
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2 March 2024 | 25 replies
I do really love my apartment/neighborhood and would certainly have to move to a less desirable part of town if I were to house hack, but I also know that if that's the best route, it's better to do it now, rather than when I may have kids to think about.What are your thoughts?
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3 March 2024 | 4 replies
More affordable properties may cash flow well but take longer to scale.Rental rates in your market: Locations with higher rents (e.g. $2k/month) will require fewer properties than areas with lower rent (e.g. $800/month).
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4 March 2024 | 59 replies
Heck, I'd maybe get to a place of all but requiring some such basic competency completed before I take on a buyer client because I too get exhausted of answering the same basics and directing over n over to get with CPA to go over details.
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2 March 2024 | 4 replies
Cosmetic fixer upper, potential to build $100K-$150K equity between 2024 and 2026 (assuming market stays exactly the same with no increase or decrease in market pricing).June 2026: Listing both properties for sale and (if they sell at desired price points) seeing potentially 300K-400K profit (Between both locations) that we would not need to pay capital gains tax on.In any case, my wife and I are looking into this as next investment, but wanted to put on this forum to see what you all think?
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3 March 2024 | 12 replies
I'm also leaning towards requiring a lease agreement.
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2 March 2024 | 1 reply
Does This seem like a Fair Partnership Very Very Rough Draft WHEREAS, Party 1 and Party 2 (collectively referred to as "Partners") desire to enter into a partnership for the purpose of jointly owning and managing real estate properties;NOW, THEREFORE, in consideration of the mutual covenants contained herein, the Partners agree as follows:1.