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26 February 2025 | 7 replies
Base your decisions on hard facts only and maintain a paper trail.
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16 February 2025 | 2 replies
He must have spent gobs of time and money every year maintaining the books and the structure.
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13 February 2025 | 9 replies
It's crucial to consult with professionals experienced in 1031 exchanges and partnership dissolutions to ensure compliance and optimize tax deferral.Given the complexities, seeking personalized advice from a tax advisor or attorney is highly recommended.
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25 February 2025 | 0 replies
The goal is to achieve and maintain financial freedom.
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24 February 2025 | 14 replies
It appears as if BP is maintaining the App on Android but not Apple.What gives BiggerPockets?
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14 February 2025 | 6 replies
Hello @Chris Atkins,To achieve and maintain financial independence, only invest in cities that meet the following requirements.Significant and Sustained Population Growth: Rental rates follow the basic principle of supply and demand.
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23 February 2025 | 10 replies
I’d highly recommend speaking with a CPA who understands both states’ tax laws to optimize your structure.If you need any local insights on property management or investment strategies in Oregon, feel free to reach out.
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1 February 2025 | 3 replies
Here are some trends that could play out, or further develop in 2025.Leasing & Tenant Experience AI-Powered Leasing: Chatbots and AI tools will streamline leasing processes, from answering tenant inquiries to scheduling tours.Virtual Tours & Digital Leasing: These will become even more standard, making it easier for tenants to rent remotely.TechnologySmart Property Management: IoT devices (smart locks, thermostats, etc.) will become more common, improving efficiency and tenant satisfaction.Property Management Software: Platforms will integrate more AI for predictive maintenance, rent collection, and financial reporting.SustainabilityGreen building practices and energy-efficient upgrades will be a major focus, driven by tenant demand and potential incentives.AI & AutomationAI will play a bigger role in tenant screening, rent pricing optimization, and even predicting market trends.Automation will handle repetitive tasks like maintenance requests and lease renewals, freeing up PMs for higher-level activities.I'm sure there are plenty more shifting trends that I haven't mentioned and that are sure to evolve over the next year.
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14 February 2025 | 0 replies
The lesson learned was to maintain clear communication and proactive scheduling to ensure efficiency for future projects.
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25 February 2025 | 31 replies
Well, I can say from my personal experience owning only A/B located properties, if you maintain all appropriate licenses, take care of your properties, and are responsive to your tenants its smooth sailings.