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Who is the appraiser working for?
Hi Everyone -
I am new to REI and am close to doing my first deal. The condo I am looking at seems to be valued between $260K and $280K. I have a verbal contract with the seller to buy it for $217.
The plan is to w...
Ben Kirchner
Hire a CPA for my 2017 taxes?
I've always filed my own taxes, with TurboTax. Given the simplicity of my income sources and lack of deductions, this was an easy and less expensive way to handle it. I now have 2 investment properties that I purcha...
Carlo D.
How much is bookeeping usually?
For those of who have/use a bookeeper, how much are you paying? If you could indicate how many doors you have and how much you pay that would be awesome and very much appreciated. I'm looking to get a range from the r...
Adam N.
Exchanging one flip for another fixer upper
Hello.
Anyone have experience doing a Construction/Improvement 1031 Exchange? I would be interested in learning more about the profitability and pitfalls. Thank you.
George Rodriguez
quickbooks p&l and balance sheet reports
I currently have quickbooks premier and just started using it for my real estate flips. I previously was using excel sheets and plan to transfer to quickbooks. i would like to have the purchase price of the home also ...
Ryan Johnston
Should I sell or keep my long-term rental when it isn't cash flowing?? Please HELP
I bought this property as a brand-new turn-key property in December 2022 (3bed & 2bath-1544 sq-ft). Lived in the house for 1 year. For most of the 1st year I house hacked and rented out my 2 spare bedrooms, for 6 ...
Perry R.
Continue to hold or are there better options?
Hi there,I’ve been reading various posts on this site and like the honest opinions that exist here. Too many real estate sites are fluff with no numbers or sense to back up opinions. I’m looking for some strategic adv...
Samuel Cieszynski
ROI - Does loan paydown lower returns?
Cash on Cash ROI seems to be a popular metric but to me it seems deceptive. It appears to give you a temporary boost based on finding good financing. However as the loan is paid off your return becomes lower and lower...
Colby Mulry
Investing with someone for tax benefits?
Right now I am the sole owner of an LLC that I just formed and I am going to transfer my first properties deed into it.
For my second property, I have a partner who wants to go in 50/50 to help with his taxes at the...
Ike Ekeh
Factoring in Repair Costs when Analyzing Multifamily Deals
Hello Everyone-I am a new multifamily property investor and I am currently analyzing listings in the Tucson, AZ & San Diego, CA area with the hopes of closing on my first property in Q1 of 2018. I'd appreciate adv...