What I see that is different in this economic cycle compare to the last is that people are able to work despite not having an employer. During 2009 when I bought my condo in SF, to supplement my vacation income, I si...
I just won a bid my fifth property and am waiting for it to close. It is going to need substantial work. A lot of it going to be manual labor. Since the closing is just before college gets out I would like to hire ...
Hello,
Does anyone know what taxes are deductible through business expense? For example, if you have a W2 job and make 100K. Then you pay 24% on the 15K from the 85K to 100K bracket of your income. Adding the FICA t...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Fairfield.
Purchase price: $85,000
Cash invested: $60,000
Crazy cat lady duplex. This is going to be our most ambitious r...
Starting to wholesale, but having an issue coming up with a rehab cost. What’s a formula y’all have to get realistic rehab cost?
I notice a lot of large apartment buildings in my area (Toronto) are being managed by third party property management companies. Why would a company that owns a building like this decide to outsource management instea...
I would like to have my 11 year old daughter help out with my real estate business in some way so that I can pay her and she can be a business expense. Is anyone else doing this? What are you having your teens and pre...
I was outraged to see some of the quotes I heard back to do a termite/carpenter ant treatment just on the exterior of a house. I did some googling and came across a product that is relatively inexpensive compared to t...
This is one of the deals I am looking at it's an 18 unit family unit apartment complex in an excellent area where the rent's similar will go for higher.Here is the deal:Asking price: 2.8 Cap Rate: 6%Avg monthly rant o...
Can anyone recommend a solid CPA that understands the real estate business in Houston? Thanks for any help.