We negotiated a deal with the owner for 20% Equity, we are responsible for infilling the community as well as property management (which we also get paid separately for).

Even if you break even, you will lose money every month it sits vacant, when you need repairs, property management, etc.

The investor manages the project, and the lender receives a percentage of the profits upon sale. - The property is renovated and sold at a significant profit, and both parties are satisfied. 5.

The local property will give you practical management experience.You might do better buying a REIT if you are planning to buy single properties far from home.

We play matchmaker, put our clients first in all arenas, and also manage.

I stared using this site PropJump.com to find services providers for my 3 properties I own and manage. 

Self-Employment Opportunities: Would it make sense to start a side business related to my rental properties (such as property management) to access more deductions?

For appointment setting: we offer an AI-powered re-engagement and appointment setting platform specifically built for RE investors that integrates with your CRM and ultimately makes your lead management process much more efficient. 

Jeremah - First off, congrats on what you and your wife have already built—it’s no small feat managing W-2 income, business income, and rental properties while thinking strategically about tax planning.

I have even had to remove the skeletal remains of disconnected K&T that was totally cut and not in use due to my insurance company wanting all existing components whether functional or disconnected to be removed.