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My boyfriend Justin and I just moved to the Portland area from Colorado. We have been studying wholesaling and real estate investing for about two years now. We have been driving for dollars in Portland Maine and just...
I have commercial construction project management experience and I have owned a few restaurants and other successful businesses (unsuccessful ones too). I know how to manage trades, conduct plan check, schedule inspec...
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Hi All,I have seen news about a few Banks are failed due to interest rate hikes.Can someone explain how interest rate hike affects the bank?What is the reason for SVB, the first Republic, to fail? Trying to understand...
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What is your strategy for your business vehicle?
I have an LLC for my rentals and a S-Corp for my flips. My wife and I work full time across both. Currently we deduct the std mileage. Now are cars are gett...
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Hi All, I am finishing up my first year of real estate investing with buy and holds. I'll be at 10 units and over 30 tenants so I know things will get hectic especially with me being in a full time job. My question fo...
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I am a military investor that has 6 SFR in 5 states and I believe this is the time to move from TurboTax to a CPA. I also created an LLC to begin Flipping and BRRRR investing last year. I live in California and that i...
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Question regarding offering private money investors a preferred return... is this figure based on the net income the property produces after operating expenses? If so, I'm assuming then that you would run through thos...
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I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries ...
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So I was watching a presentation by Kevane Grant Thornton last night on Act 20. My understanding is that Act 20 has recently been amended by the law makers to eliminate the 5 employee requirement to attract more small...
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Hi everyone,I would like to survey the crowd as to what everyone is using for organic rent growth and expense growth assumptions. What are your baseline numbers and how do the idiosyncrasies of a given deal affect the...