Steve Crisp
Looking for a Tax Advisor
Just bought my first rental property out of state and started my LLC. Looking for a CPA or Tax Advisor in my area that can help with real estate taxes. Any recommendations for one in the Hampton Roads Virginia area?
Matthew Masoud
Which if these Repairs Need to be Done Asap
Hey guys, I'm purchasing a 5 unit and just got the report back. There is a lot here and I wonder what is urgent and what can wait. This is my first property so I am a little nervous. The property is fully rented.
It ...
Robert Schwenkler
Algorithm: Better to get listing going sooner w/self-photos, or wait for pro photos?
Hey gang, first post here.I'm helping my parents STR a ranch house that we're just finishing up renovating. They've put a lot of money into it and are anxious to get cash flow going.We'll be ready to start taking on g...
Stephen Shelton
Questions I'm going to ask my CPA about my rental business
I own 3 SFR rentals and would like to continue growing. Currently they are not setup under a business entity, but I think it's time to get this done before buying Property #4. After completing Property #2, my CPA sai...
Dennis Morrissey
Private Money vs. Hard Money: Which is Best for Your Real Estate Investment Strategy?
Understanding the Key Differences Between Private and Hard Money: Pros, Cons, and When to Use Each
Jason Watson
Grouping Passive Activities
Along with Material Participation as a Real Estate Professional, you might also want to consider grouping your activities together. So a common question that I get is-
Do I need to group my rental activities together...
William Lackey
Business for landlord
Wife and I flipped our first property in 2020. Recently purchased a duplex and we will rent both units. What kind of business can I start to take advantage of tax deductions. My wife and I are both W2 employees and ma...
Alejandro Sosa
House Pictures for the MLS
Hi! I've been flipping houses with a colleague for the last 2 years. My colleague takes pride on the interior design and renovations that are done to the properties. However, when the house is done the agent takes the...
Carey Branam
What do you charge for cleaning upon move out?
Do you charge for small cleaning items, like windows weren't cleaned, oven needed a quick cleaning and kitchen cabinets needed wiped out? It probably took an hour to clean up, not even sure if it's worth a charge. D...
William M.
I would like a professional opinion if this is a good deal and would 100% financing be possible for this deal.
The property is a 20 unit apartment complex located in Atlanta GA. The asking price is 470,000. The repairs is 398000. The as is value is 842,000 the ARV is 930,000 on a cost basis and 914,000 on an income producin...