Maurice Dixon
Family wants to invest with me. Their money, my skills.
So I have been working a BRRRR for a while now and I will be finishing it up soon. My mom sees my progress and numbers and wants in. She has offered me the capital for my next deal, which will likely be another BRRRR,...
Daniel J.
When should I consider a property manager?
As a general rule I am planning on managing my own properties. However, I do realize that gets a lot harder the bigger the property is. Does anyone have thoughts on what size MF I should really start considering using...
John Jacobs
Seller didnt reveal flood zone.Already in contract. Help.
I'm starting to feel like a jumped the gun a bit on signing the purchase contract. I just found our recently that the house is in a high risk flood zone and just took a large chunk of my returns. FYI the owner/agent f...
Nimster Win
$350,000 in hand and invest or buy existing Business
Hi, I Live in San Diego CA and have inherited 350,000 after taxes . I lost my job after going home to take care of my ailing dad who passed away . I sold his my share in business in India and moved back here. There is...
Kyle Clark
Need Urgent LLC Advice
Yes Im cluttering this board with another LLC question.
Im dreading having to pay $800++ to california for a LLC. Id rather take that and spend on marketing. So Im looking to setup a LLC out of state for now. When I ...
Frank I.
Need help analyzing NYC Multifamily mixed use deal
A 24.69' wide, 5 story walk-up mixed-use building located on the southwest corner of East 29th Street and Second Avenue in the upper east side of NYC. The property is comprised of Irish tavern on the ground floor and ...
Brad Scott
What is the best way to deduct expenses for AirBnB's
Hey short term rental owners,
I'm wondering what you would suggest in order to be able to deduct expenses of running your short-term rental business, i.e. furnishing the rental, management fee, etc. Is it easiest to...
Chris Gould
How to pick the right Mentor (and when to move on)
I've been virtual wholesaling for 4 years now and last year we did about 100 deals and just under $1 mil in revenue. THERE IS NO WAY I COULD HAVE ACHIEVED THIS WITHOUT MENTORSHIP. Period. Without a mentor, there are j...
Ari Bachrach
Depreciating personal property
A question on depreciation for residential investment properties. When calculating depreciation, the regular schedule is to depreciate the property over 27.5 years. Do I need to separate out personal property (applian...
Gary F.
Leasing to Carehome Operators?
Who is currently renting their SFRs to care home business? I'd like to hear about your experiences and recommendations like lease terms. Thanks