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I am interested in buying a commercial property (office, retail, or multifamily) and was wondering at what point I receive information on income and expenses such as rent roll, leases, maintenance cost to calculate NO...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $145,000
Cash invested: $60,000
Buy and Hold Fixer Upper (owner occupy while renovating)
What made ...
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I have a 5 unit all brick building in Chicago. Two months ago, a tenant complained about gnats. I sprayed in the apartment and set up an indoor bug zapper. Today she reached out again saying the gnats are really bad...
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Hi there! Would it be beneficial for me to form an LLC and elect S Corp taxation status? My goal is to buy and hold investment properties but also become a licensed real estate agent to property manage others properti...
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Hi All,
I'm writing my first yellow letter and plan to send out to probate, absentee and driving for dollars contacts.
We've got a little different model and can accept donated & bargain-sale properties, so I'...
I am in the process of selling my C corporation. As it stands I would be tax at the corporate level 21% then the proceeds will flow to me as capital gains. I would then be taxed another 20% totaling 40%. Is it possibl...
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Hi everyone!
So I have asked multiple accountants and even tried to do research on my own but was unable to get any answers. These may be obvious questions, but I hope you all can help.
1. How am I supposed to show ...
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I am GC and a developer. Here is why you should be paying for your estimates (this is really for larger/multi-system projects). A common assumption among investors is that estimates from a General Contractor should be...
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Investment Info:
Single-family residence fix & flip investment in Waldoboro.
Purchase price: $52,500
Cash invested: $27,500
Sale price: $139,000
SOLD!!! After 53 weeks it's finally done and s...
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Does anyone know of groups (non-institutional) and/or individual contacts acquiring multifamily in Salt Lake City, Phoenix, Texas and/or Nevada that would be willing to speak to a professional looking to pivot towards...