Brian Osso
Pre-foreclosure vs REO question
Just getting started in REI and ultimately looking to utilize the brrrr method to acquire and rent properties.However, I have a property down the street that I have had my eye on for a while. It’s vacant and distresse...
Tyler Rowley
Learning how important a good accountant is
When I did my 2021 taxes, I wanted to position myself as making enough money so that I could qualify to buy another investment property in 2022I actually didn’t take all of my deductions for one of my houses so that I...
J Newman
Thoughts on PM Software Rent Manager to Buildium and Switching Platforms
Does anyone have thoughts on these two? Has anyone switched? Our family has used Rent Manager for PM for 20+ years. We have an internal PM. Reviewing the files, I can see that it's not set up correctly and they are us...
Raj Singh
Tenant interview - is this reasonable to request for S&P
I am looking to close on a NNN property. I find it a bit highly priced psf (370 psf) but reasonable based on tenant profile and ROI. its basically 7.1% ROI of a national dental chain in Southfield MI paying about 25++...
Caleb Griffin
Personal book keeping starting off
Hey all. I am re-reading Kiyosaki's book "Retire Young, Retire Rich," and I am looking at the part where he suggests hiring a bookkeeper. I am just getting started in real estate (and by that I mean I am formulating m...
Serge K
Bank loan annual review
This is regarding a small retail property I own, it is a three store building. I own this property for about over two years now. I bought it in June 2018, the loan docs has a Section about financial statement and rep...
Patrick Flanagan
How to make your tax accountants job easy!(ier)
What are the top things I need to be doing to make my tax accounts job easier? What systems do you utilize in your small or large real estate business to track and log all your real estate transactions. 1 to make your...
Adam Hale
First time buying a but and hold.
Looking at my first investment property. Seller is asking for $80k, needs about $5000 in cosmetic work, estimate. Rent is averaging about $850 a month for comps in this area. This will be one of the nicer houses avail...
Omar T Sharaf
HELP. Time sensitive question!!
Hello,I am brand new to real estate investing. I have a buy and hold property that is going to bring positive cash flow. I reached out to a private investor to get the capital on the intial investment for the property...
Robyn Gersh
Take $$ out of solo 401k
Is there a way to take out my money completely from my solo 401(k) and invest it in a two family house.