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I have a Dilemma. Should I dramatically raise my price? (Current list price $1,250,000. Thinking of going to close to $2,000,000.)I have a historical mansion for sale that's a flip project. It's been on the market...
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I’m looking at a 16 unit deal in the Bridgeton MO, area. The numbers are good, the seller will finance with agreeable terms, and I walked each unit and entire property with my property manager and contractor. Everyt...
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Been negotiating and gathering info on an 8 unit building in Clayton, MO, a very affluent area of St Louis. Rents are at 5,400 monthly and could be brought up to around 8,000-8,200 with about 70k in repairs. Great v...
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I am new and really anxious to free myself from the rat race. I filed an LLC in Hawaii and after months of trying, I finally got a small credit line for my company. I got a measly 500 dollar credit card. It's nowhere ...
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1) My CPA Firm / Tax guy is *excellent*.2) Two years in a row (2019 and 2020), I've had a non-tax related issue come up during "tax season" where I needed CPA/Tax/Accountant advice, and was given a "too busy" respons...
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New guy here. Thanks in advance for any help or guidance you can provide. I am looking to purchase a 2-4 unit MFR as my first foray into real estate investing. My goal is to have a property management company manage t...
I have an opportunity to pay off my mortgage by the end of the calendar year. At the same time I have been waiting for this opportunity to make my first real estate investment. I figure these are my two choices:1. p...
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I recently had an owner of a duplex approach me (because I own a rental property in the neighborhood) to see if I wanted to purchase his property. The asking price (without agents) is $385k. Each unit of the duplex ...
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Hello! I have been using excel for my accounting for 6 years. However with 38 units across 14 properties its becoming an issue. I do use Buildium to do applications, background checks, rent collection, tracking ect. B...
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I am looking for some input on one of my first (potential) deals; I am currently under contract to purchase but wanted to see if the #s below make sense to other more experienced investors.
I am asking because I ju...