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24 February 2025 | 0 replies
He makes it sound like you are getting great 1 on 1 training and can dogreat deals without spending lots of money prospecting for deals.
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24 February 2025 | 4 replies
Zillow Rental Market Stats: It gives you an idea of how a zip code is performing, even down to the bedroom count.
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17 February 2025 | 12 replies
I spent a ton of money to do things right and nobody wanted me to.
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10 February 2025 | 1 reply
Quote from @Melanie Baldridge: In 2025 the bonus depreciation rate is 40%.This means that if you bought a property for $1M in 2025, did a cost seg study and found $300K in eligible assets that you could depreciate, you could take 40% of that $300K as bonus depreciation to offset your income in the first year.40% of $300K = $120K.You then apply that $120K to the owner’s personal tax rate to find the final amount that they can defer in year 1.If your tax rate is 37%, you can defer $66.6K.This is a big deal even at the 40% bonus depreciation rate this year.It’s a massive benefit
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21 February 2025 | 2 replies
I'm thinking of ways to invest some money to bring me a residual income so I have watched Bob Diamond blueprint on overages.Has anyone tried hus program or currently using the program today.
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24 February 2025 | 2 replies
If you choose to go the Syndication route, it's important to get comfortable with the GP and also underwrite the real estate as if you would personally purchase the property (even if you don't have the financial means to take down the property on your own).
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11 February 2025 | 3 replies
There might be some confusion around the 60-day rollover rule which allows you to move money from one IRA/401k to another (both pre-tax and Roth).
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24 February 2025 | 2 replies
private money lenders?
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31 January 2025 | 3 replies
If this is not possible, take some time to get to know and be-friend the other HOA board members before you waste money with an attorney.
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23 February 2025 | 7 replies
If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.