I heard a recent interview where Warren Buffet stated that IF he could BUY a couple thousand single family homes HE WOULD. I am just wondering if anyone could tell me WHY can't he? everyone knows he has the money t...
Hello everyone,I have worked in real estate and finance for over 30 years. I worked for J.P Morgan Chase Bank and Monarch Bank before starting my own property management, brokerage and investment firm. I want to star...
Here is my process for analyzing an STR property:1. Use the average ADR & Occupancy on Rabbu (FREE)2. Use the ADR & Occupancy on Awning (FREE)3. Find comps on AirBnB and get their total before taxes (inc. fees...
I am currently selling a house, suppose to close tomorrow but wont be happening just yet, in the final hour the bank called me out on the anti flip law. The price I paid was $43,700. I put it under contract for $90,...
I have a tax question on water heater replacement. I Know it should be a capitalized expense written off over X amount of years. Last year I replaced a water heater and in doing my taxes using Turbo Tax there was so...
Hello all,My wife and I bought our first property that we're looking to rent out. We've found a candidate we're likely going to rent to, we've done the background/credit check and my wife's communicated extensively wi...
Hello there,Looking to create series LLC in Nevada (series state) for rentals located in NC (non-series state), and register in NC as foreign entity.Since NC does not recognize series LLC, I'm concerned that NC does n...
Hello,I have been trying to research the Indianapolis area to the best of my ability. I am curious to know if the report below is a realistic investment I can make? Or am I too late to the Indy party.I found this on r...
Hello Everyone!My S/O and I are currently exploring the option of investing out of state for rental properties and would like to do it on our own(by this I mean no turnkey companies).
Just for some context, We live i...
Hello all!!
I recently left my employer and am looking for a way to roll my former employer match 401k into another avenue that I can use to invest into real estate. I’ve heard a lot of different takes on this so I t...