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25 October 2024 | 1 reply
One of the biggest hurdles right now is getting a deal.
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23 October 2024 | 1 reply
It helps create an incentive to get them out sooner rather than later without damaging your property.
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22 October 2024 | 5 replies
This may be easier to find in smaller towns or rural areas.Growth potential: Research areas with growing populations or emerging business districts.Tax incentives: Some localities offer incentives for small businesses or specific industries.Infrastructure: Ensure reliable internet and necessary utilities for your business.Potential locations to explore:Atlanta suburbs: Consider areas like Decatur, Marietta, or Lawrenceville for a balance of affordability and proximity to the city.South Carolina: Look into growing areas like Greenville, Rock Hill, or smaller towns in the Upstate region.North Carolina: The Research Triangle area (Raleigh-Durham-Chapel Hill) offers opportunities, as do smaller cities like Asheville or Wilmington.Remember to thoroughly research local building codes, zoning laws, and business regulations in any area you're considering.
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24 October 2024 | 55 replies
That barrier to entry is very challenging and if $8000 is enough incentive to get ones butt going, it is worth it.
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30 October 2024 | 28 replies
Your biggest expense will be adding a sprinkler system since this type of zoned property has to have one.
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23 October 2024 | 7 replies
Hey @Tony Thomas, I won't speak to the tax side (not a tax pro) but from a bookkeeping perspective, this will complicate your operations (and, bookkeeping as a result) quite a bit.So, ensure you have super powerful incentives from an REI-savvy attorney and an REI-savvy tax advisor prior to making this move.Some of our Clients have implemented this in the past (prior to working with us) and their businesses weren't large enough to justify the complications that come with this type of structure.Hope that helps!
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31 October 2024 | 24 replies
I'm in Canada where tuition is different (not as expensive as the US), but the biggest expense I see is what students pay for housing and food, not their tuition (US is likely different).Real estate investing is not passive and not something you can live off.
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29 October 2024 | 23 replies
The biggest thing that will limit your ability to buy multiple houses a year is that thing between your ears.
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30 October 2024 | 35 replies
One theory is that the investors see population increasing in these areas and are willing to deal with the ridiculous local laws This actually isn’t even necessary true, the placest with the biggest per capita housing production or “investment” is in the sunbelt, the expensive cities produce a shockingly low amount of housing, obviously zoning laws play a huge role in that as well, but even when you looking up institutional investment in existing properties it’s mostly in the sunbelt, most people who own big buildings in hcol areas just bought them decades ago when they were much cheaper, even D.C. has has like a 4-5 fold increase in value in some areas in the last 15 or so years.
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23 October 2024 | 14 replies
My biggest concern is that some of the houses right across are multi-family duplexes.