Chad Drewson
Negotiating Below Market Rent Apartment Sale
new to all this so sorry for the basic overall strategy question. I'll be selling inherited apartments soon, around 30 units. the rents were well below market and this has been reflected in the commercial appraisal pr...
Ollie Honan
First deal,trying to gather info on financing Fables,Fictions and Facts
My wife and I have finally gotten within striking distance on our first rental property.The home is bank owned needs a new roof,some plumbing work and a new kitchen.Otherwise the house is in great condition.Our goal i...
Trent Kloter
Metrics to value CRE
Hello-I work for a CRE firm that is planning to branch out into other asset classes however I want to understand the different metrics/thresholds used to evaluate these asset classes. I come from a self storage backgr...
Jason A.
Applying for business credit
Hi Folks,
I am getting all my ducks lined up for starting my first flip. I have about 30k saved for my first project and I plan to utilize a hard money lender for purchasing the home. I don't feel 30k may potentially...
Amy E.
Cash Owned, but No Financing?
Because I was nervous about investing in rentals, I bought my first three properties with cash. After about a year and a half I shopped around at three different banks: the first had too high of a rate, the 2nd never...
Kimberly Gamez
Convert Golf Course to Campground
We have a beautiful golf course in our area that I believe, after meeting with the owners, would sell super cheap --- potentially on a land contract too. I have been thinking about ways to capitalize on the opportunit...
Ryan Hannay
STR Bookkeeping Companies
We are expanding our management business from just our private STR properties to a full management company. I am looking for a company to handle all bookkeeping and accounting for our property management company
Jimmy Klein
How exactly do property manager's make a profit?
I'm looking at some turnkey properties. I see property managers charging just 8% of rent and thats not much considering rent can be less than a 1k a month. I also seen turnkey rentals where they even set up the LLC...
Joe Splitrock
Tax Deadline Extended to July 15
IRS just announced the tax filing deadline will be moved to July 15, 2020. This is in addition to the previously announced move of payment deadlines.
Joe Richardson
Is my CPA correct about not being able to utilize losses?
Last year I purchased my first two rental properties. I'm in it for the cash flow but was also hoping to get some of the tax perks. I talked with a couple of CPA's and went with one who has real estate investors and...