4 February 2022 | 18 replies
I’m just not sure if I should spend the money on LVP or using that money to refinish the hardwood
4 January 2022 | 4 replies
If your LLC is SMLLC, from a tax perspective (not legal), it doesn't matter who spends the money.
27 January 2022 | 6 replies
Given the price point in that area, I would spend a good amount of time researching before diving in.
4 January 2022 | 3 replies
1) Generating lists– REI pro or ProStream2) SMS – IRIO3) Cold Call Followup – Mojo Dialer or RedX Storm Dialer4) Mailers (REIProor Propstream)The above 4 will bemanaged/received by:-CRM(RealEstateinvestor.com, or Ixact Contact)-Website – LeadPropeller or Investor Carrot)With the basicfeatures of the above services, I’ll be spending around $700/month,and I’m really hoping to get it down to $300/month.
4 January 2022 | 0 replies
You can always find work to pay for your current bills, so you should not be worried "losing" that cash savings.The key here is invest your money, not spending.
9 January 2022 | 3 replies
Im sure this question has been asked a billion times however I wanted some input on what the process looked like when it comes to analyzing deals?
10 January 2022 | 3 replies
I know i need to start looking more into tax strategies.I understand that save/buy is a (relatively) slow way to expand.. but i'm also not looking for a "Boom"I'd be hard-pressed to refi... i've decent rates and for now i'm looking at cashflow until i'm not dependant on my W2 job ( i think that at 7 units i could "get by"..barely) then i can move towards being more concerned on long term wealth/retirement/equityThe rentals have their own business account that i do not dip into** I do not pay myself rent, BUT the business account does pay my personal gas/electric.from my W2 earnings i spend about $1300/mo on everything ( from car insurance to eating out), rest is savedany new downpayments are a mix of business account and savingsWith the 5 total units ( 4 rented; 1 personal use) I "Cashflow" about $1K/mobut that number does not account for any CapEx.What might you change/suggest about my strategy?
5 January 2022 | 14 replies
The result is that the average American had a whole bunch of extra money to spend.
5 January 2022 | 4 replies
I would hire a professional to do it (probably two at first and eventually pick between the better of the two) so that I don't have to spend my time training someone to do a task that someone else is already better at.
4 January 2022 | 6 replies
I usually spend $750+ on specialty inspections and pull all my own records either way, so in my case I benefited as a buyer from using dual agency before I had my license.