Suzanne Johnston
Cost segregation study/Looking for CPA
I recently learned a bit, but not enough to be confident about cost segregation studies. I’ve bought two properties this year and wanted to talk to my CPA about it. I left a message and haven’t been called back. La...
Patrick Jung
Use cashflow to reinvest or torwards principal of mortgage?
What do you guys do with your positive cash flow? Do you put it towards the principal on mortgage or save to reinvest it?
Lisa Henrich
Real Estate License to Purchase Buy & Hold
I currently have a great day job and do not want to give it up for a career as a realtor. My passion, however, is being a buy and hold investor and creating passive income. I need my already established high paying ...
Bobby Nilsen
Using a Same-Company CPA and Bookkeeper vs. Independent from each other CPA and Book
I was having a conversation about CPAs and bookkeepers and wanted to get your opinions on the pros and cons of using a CPA and bookkeeper who are the same person or part of the same company, versus a completely differ...
Benjamin Cowles
When presenting offers, use a contract or napkin?
When presenting an offer do you typically do so within a contract ready to be signed or could it just be on something less formal ('napkin') needing more or less a verbal agreement soon after which you provide seller ...
Chris Lawrence
Small Multi-Family Question (7 unit)
I currently own single family rentals and I'm looking at a 7 unit apartment building (multi-family is foreign to me). I believe its currently under valued with gross yearly rents at $51,060 and I believe I could conse...
Philip Velleux
Seller financing interest %
What are seller financing interest rates in wi , more specifically west central wi , I have never bought through self financing, what questions should I ask and what's a fair interest rate for them to ask?
Berry Starnes
Spread on Cleaning Fees per turn
What is the average spread (difference between what you are charging your guests and paying your cleaner) for your turns? $25? $50?Can we not create a poll in here to make this more anonymous?
Shilpa Matlock
1% Rule Properties are not Cashflowing
Hi All, I'm running my numbers and could use any tips. Is it possible to find properties that meet the 1% rule, but are still not cashflowing? I'm looking at deals (2-4 units), many of which seem to meet the 1% rule ...
Bryan Hancock
Have One ARM in Your Loan Portfolio?
A few years back I was studying mortgage products and learning what other options are available for debt. One of the things that intrigued me was that ARMs can have payments lowered if you prepay the mortgage. I fou...