All Forum Posts by: Kimothy Bynum

 Ill start my search now.

 I'll start my search now. I just started my investing journey and I want to start off on the right foot. 

Hey i want to do some cold calls. What website are you guys using to generate a list of names and number?

I currently house hack and its been great.

I would say make sure you have an easy-to-use method where you take your payments. Ive been using avail and its pretty good. 

Have a list of handymen, you can find some on thumbtack. Or find them as you go. I love thumbtack for finding plumbers, handymen and electricians. Once you have used them save their company name and number to an excel document

Keep track of all your expenses for the property as well. 

Also have a good saving in case you need to take care of a big ticket item

GOOD lUCK!

Hey I got some rental income this year and i was wondering when i should start looking for a CPA to help me with the taxes?

Definitely go in using an FHA. Usually they say you have to live in the property for i think 6 mo to a year. You can also look into buying an FHA under you name and then next year buy one under her name then maybe you can get 2 fha's in 2 years.

try rentometer. Or go on apartments.com and look at what similar apartments are renting for in the area.

ive been trying to figure this out too

I was wondering if cash flow is taxed? Once I'm fully rented out I'll receive around 500 in cash flow. Should I save a percentage of that for taxes?