Was it a big name and/or guru like Carleton Sheets, Donald Trump or Robert Kiyosaki or was it your parents, an uncle, a college buddy?
(Seeing as I'm new here; I apologize if this has been discussed before.)
Hello BPMy wife and I have spent the last year reading and educating ourselves on real estate investing and primarily Multi-Fam. We are now at a point where we are both just very eager and itching to get started, as I...
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
Hi All - I am looking to buy my first investment property and I have been researching markets. I am currently in between Charleston, SC and Huntsville, AL. My goal is mostly around cashflow (with high mortgage rates, ...
I always rekey all the doors in my rentals when I flip the units for a new tenant as I always worry about the liability of keys floating around. What is your practice ? What would be a landlords liability if a key fro...
All of our rental agreements are month to month. To incentivize people to stay longer, we charge a move in fee that can be added forwards the refundable deposit if they stay over a year. Example: rent is $1000, move i...
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
When looking to purchase your first investment property, would you prefer a short term or long term rental plan?Would love some pros and cons! Thanks!
I've been listening to Set for Life, by @Scott Trench. Great book! One of the things discussed in the book is how a 401k locks up part of your income, and that if you aspire to reach early financial freedom then a 4...
Hi folks,
I am a successful lease option wholesaler, but I'm interested in branching out and expanding into buying and holding homes utilizing subject-to as my finance vehicle.
In doing so, I need help ...