1 July 2019 | 5 replies
:)Some stats:16 x 2bed, 1.5 bath unitsNOI: 70000Cap: ~10%COC return: ~12%Little about me:Currently working in Corporate America in the Tech sector but I want to build a real estate portfolio to assure my family never ends up homeless.
8 August 2018 | 79 replies
Actually, NCOs are E-4 (corporal) and up, but I agree, limit one's renting to NCOs or even staff NCOs (E-6) and higher and the problem will disappear.
7 August 2018 | 3 replies
I wanted to take a moment and introduce myself as well as get more involved in the local RE community.I'm 25, moved to New York City (Astoria) about 3.5 years ago, and have a full time corporate job in Financial Services Consulting.
14 August 2018 | 14 replies
Magnolia leans left politically.
10 September 2018 | 12 replies
You will act professionally, politely, and respectfully, even when a tenant doesn't.
21 August 2018 | 2 replies
I am self-employed, so I was hoping to get a No Income Verification style loan (at least that's what it was called last time), where they look at your bank statements to make sure you have enough coming in to cover the mortgage, taxes, insurance, etc..Basic stat's are as follows:-Income roughly $5,300/mth in deposits (minimum)-No car loans-Current townhouse has been paid off for a few years-Have a couple commercial properties (one in my personal name ($300k ARV) - just purchased in June 2018, the other one ($300k ARV) owned in a corporate name for 3 years).
7 February 2021 | 6 replies
An important quality I look for when working with Title Companies is their ability to problem solve, be dependable and responsive and have a polite and professional demeanor when interacting with me or anyone else involved in the transaction.
21 August 2018 | 2 replies
I have no idea the legal implications if I used a personal card for business purchases and had the corporate account pay it.
6 September 2018 | 4 replies
Canada sees LLCs as being a corporation.
20 September 2018 | 7 replies
Hi Javier, I think the ultimate best way to save your money is to add a knowledgeable and proactive accountant into your team.The wholesalers are taxed very aggressively in comparison to landlords, but a couple of things that just popped in my head:- consider living/investing in a state with no state income tax- consider investing through tax-deferred plans like IRA- consider creating a corporation and make sure you maximize your tax deductions