Philip L.
Insurance cost for SFH in Michigan
Currently my insurance cost for each house is around $800 year, called around today but couldn't find anything cheaper Any top tips for reducing the cost of insurance I currently have 3 SFH in Michigan
Mary Eubanks
Tax Strategy - Irrevocable Trusts
I spoke to a company that works with my CPA that has offered to create me an irrevocable trust in order to reduce my passive income tax liability to zero, reduce my active income (real estate commission) to nearly not...
Najeh Davenport
Multi Family vs single Family (doors vs Cashflow )
Lately, I've been torn between investing in multifamily or single-family properties. I see value in both, but I'm unsure which is the better option. Currently, I own one single-family home and one fourplex. The single...
Craciun George
Can you house hack with apartaments?
Hello , George here . So my question it's simple : Can you house hack with apartaments ? Like 1-2 units apartaments. And the reason why I'm asking this is because I don't really see a way in doing this.Because the ban...
Jayme B.
Largest Return on 100k / Property Development Consultant?
My mind has been all over the place on how to maximize our money and borrowing ability to achieve the largest return on investment. I've researched finding that 500k home with 15% down + furnishings + closing costs me...
Eric S.
Seller to apply 10k credit to closing instead of reducing price
I am currently in contract for 2 unit at 300k with 4k closing costs. . Each unit rents out for $1550 currently. Taxes are $3300 a year. Everything is good appraisal came back good. Only thing we are going back and for...
Mike Harvey
Accounting - Seller contributions
I am updating my records in Quickbooks for my latest rental property. There are a couple items I'm not sure how to account for. Can anyone offer any advice?
- Seller paid closing costs(I got them to contri...
Account Closed
First Multifamily Investment - 9 Unit
Hello,I am currently under contract on a 9 unit apartment building in Green Lake, WI that includes a single family home that is a rental in addition to an 8 unit apartment complex.The tenant in the single family home ...
Julio Gonzalez
Benefits of a Cost Segregation Study on Warehouses
Do you own a warehouse or are considering investing in one? Some would consider warehouses to be the backbone of today’s supply chain. There is a large demand for efficient distribution and storage of goods, thus many...
Tom Henderson
Difference between ROI and CAP Rate?
Hello Team,I am working on updating my Annual Property Operating Data worksheet (from "Cashflow and 37 other equations you should know"). I have a CAP rate metric on there, I don't have ROI. What is the difference bet...