Finance Advisory Co’s Post

Turning Data to Dollars by Understanding Rent Rolls for Commercial Real Estate For more details, visit: https://lnkd.in/egNi49uJ #rentrolls #commercialrealestate #realestate #duediligence #propertymanagement #riskassessment #leaserenewals #outsourcingservices #magistralconsulting

💼 Selling a rent roll takes time—months, not weeks. From prepping your rent roll to negotiations, due diligence, and finalising finance, it's a more complex process than a regular property sale. Want to know more about the timeline? Read here👇 https://buff.ly/4g3JBpE #RealEstate #PropertyManagement

Do Tenants Pay a Year in Advance? When the right real estate opportunity arises, incredible things can happen. Recently, a property had a tenant move out early, prompting swift action. Just 3 weeks later, it was not only leased but at a higher rate of $1550 a month, with the tenant paying rent for 12 months upfront – totaling $18,600 plus deposit! The tenant, who had called a house home for the past 7 years, required an immediate move-in, leading to a seamless credit and background check process. Our client's new approximate income breakdown includes Rent $1550, Tax $109, Insurance $60, and Property Management $125, resulting in a net of $1256 per month. Furthermore, the property boasts an approximate equity position of $40,000, situated in a great area with a quality home. For more details or inquiries, feel free to reach out by phone at 216-703-5740 or via WhatsApp. #RealEstate #PropertyManagement #Investing #Income #EquityPosition

When it comes to real estate investments, one of the most critical decisions investors face is choosing between short-term rentals and long-term leases. Read more on the article below: https://lnkd.in/dunHtmFw #winstonfield #rentalproperty #shorttermrental #LongTermLease #profit #realestate #article #propertydeveloper

**The Pros and Cons of Co-Investing in Real Estate with Friends and Family in Orange County** As a real estate expert, I recently came across an article that caught my attention, highlighting the benefits and risks of investing in real estate with friends or family in Orange County. With the current state of the market, it's essential to weigh the pros and cons of co-investing in real estate, especially when it involves personal relationships. **The Benefits:** Pooling resources to invest in a property beyond individual budgets can be a game-changer, allowing for the purchase of a larger property with better amenities or in a more desirable location. Additionally, shared responsibilities can reduce the workload for each individual, ensuring the property is well-maintained. **The Risks:** However, co-investing can also lead to disagreements or conflicts, straining even the best relationships. Financial losses can occur if one partner is unable to fulfill their financial obligations, affecting all partners. **Important Considerations:** Before embarking on a co-investment venture, it's crucial to consider the legal implications. A partnership agreement outlining each partner's responsibilities, financial contributions, and other important details is essential. Financing can also be a challenge, and alternative options, such as creating a legal entity like a limited liability company, may need to be explored. Open and honest communication is vital to a successful partnership, ensuring all partners have a clear understanding of their roles and responsibilities. **Industry Implications:** The trend of co-investing in real estate is on the rise, particularly among millennials and Gen Z. As the market continues to evolve, it's essential for real estate professionals to be aware of the benefits and risks associated with co-investing. By understanding the legal and financial implications, we can better advise our clients and facilitate successful partnerships. **Let's Discuss:** Have you had experience co-investing in real estate with friends or family? What were some of the challenges you faced, and how did you overcome them? Share your insights and let's continue the conversation! **Call to Action:** If you're considering co-investing in real estate, I'd be happy to provide guidance and connect you with the right professionals to ensure a successful partnership. Let's connect and explore the opportunities and challenges of co-investing in Orange County's real estate market

YTD, I have earned 44,756.04 in residual income from real estate brokerage activities. 100% will be distributed to my SEP IRA. 100% can be used for real estate purchases. My company will reduce its taxable income by $44,756.04. In six years, the total amount of reinvested residual money is $205,450.92. Can we have an honest discussion about residual income and wealth building? If you are a licensed real estate agent or broker, slide into my DM to reimagine your bottom line. 1. Leveraging Residual Income for Real Estate Using your residual income to fund passive income opportunities like real estate is a savvy way to build long-term wealth. Here’s why: IRA as a Self-Banking Tool: By directing residual income into your IRA, you’ve created a tax-advantaged pool of funds that can be used for real estate investments, particularly if you’re leveraging a self-directed IRA. This allows you to purchase real estate, generate rental income, and realize capital gains without immediate tax implications. Reducing Taxable Income: If your company reduces its taxable income by $44,756.04, it will align with tax-efficient strategies. This reinvestment can be a powerful tool for growth if allocated to appreciating assets like real estate. 2. Residual Profit Share vs. Passive Income Residual Profit Share: Often tied to business performance, this income may be less predictable but potentially lucrative, especially if tied to scalable ventures. Passive Income: Predictable cash flow, such as rental income, builds financial security. It requires upfront work and investment but ultimately less involvement compared to residual income sources. 3. The Honest Conversation It’s crucial to recognize the difference between sustainable residual income and stable passive income: Residual income relies on ongoing success in the ventures that generate it—this could fluctuate based on market conditions or business changes. Passive income, mainly from real estate, is often more predictable, making it a cornerstone for financial stability. Questions to Consider: What portion of your residual income can consistently be allocated to new real estate ventures without overextending? How do you plan to mitigate risks associated with fluctuations in residual income? Are there other passive income opportunities that align with your long-term goals? By strategically allocating your earned and residual income toward passive income-generating assets, you’re building a robust financial foundation that supports your immediate goals and positions you for long-term wealth and economic independence.

For example, when deciding to rent out a property, it is essential to project potential rental income growth, property appreciation, and ongoing maintenance costs to assess the overall profitability of the investment. https://lnkd.in/gTxvD8Nr

5 Financial Metrics All Real Estate Pros Should Track

All of my real estate investors..check it out. #realestate #investors #rent #rental

Have a quick read of The Financial Flexibility of Renting: A Strategic Approach to Building Wealth. Article written by Brendan Gilmour, Finance Director. #hudsonfinancialplanning #hudsonfinance #buildingwealth #renting #financialflexibility