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What properties have best cash flow? A,B,C, or D?
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Economic Update
(Monday, October 26, 2020)
Being connected with others has been crucial throughout this Pandemic. After all, as the rallying cry reminded everyone last spring, “We’re all in this together.” From ...
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Hi All. my husband and I are trying to turn our rental property (which is on our property with its own address) into a AirBB or short term rental. We currently have an awesome long term couple that has lived there for...
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If I'm buying a muti-family (5-10 units), what are the step by step process in repositioning a property so the rents are up to market rates? There's a property I've been looking at which needs a lot of work. Can I, as...
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Do you need an LLC to report business expenses when filing taxes?This is a question I have had for a while, have researched and talked to a few people about it, but I can't seem to get a straight answer on. I even con...
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I've been ramping up for my first purchase, and at 30 years old I'm kicking myself in the ass for not getting started sooner/being fiscally irresponsible in my 20's. With that said, I've pretty much gave up on the ide...
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Hey, just checking in with my fellow real estate investors! If your Accountant has not done an Engineering-based Cost Segregation study on your investment property rentals, you may want to look into having one done. I...
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Every business needs to watch the "Numbers". I'm not talking about the Profit and Loss statement (although very important), I'm talking about your Closing Ratios. Wholesalers, please comment with your ratios for th...
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I've read a few posts regarding credit repair. I went into a bit of debt while in college. I was hoping to hear others' perspective on paying for credit repair. For one, I do not know the costs of what it would take t...
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BP! Would love some thoughts and opinions from the community. Here's the sitch:I purchased a duplex in LA in 2020 with a sub-3% interest rate. I moved out of it and now operate it as a rental (one unit LTR, the other ...