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24 January 2025 | 21 replies
Slow beginnings are common in real estate investing, and building momentum comes with intentional planning and leveraging your resources effectively.To gain traction:Evaluate Equity: Review the equity in your owner-occupied home and rentals.
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25 January 2025 | 12 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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24 January 2025 | 1 reply
Rental arbitrage isn’t common in my area ( high point North Carolina) but I was planning on starting in another state.
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22 January 2025 | 4 replies
This strategy balances tax efficiency with proper estate planning.
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27 January 2025 | 5 replies
It’ll save you headaches later if she tries to escalate things.Document Everything: Take pictures, write down the history of your interactions etcOffer a Transition Plan: Just like my client, I’d recomend offering her a temporary storage option nearby, or even a small rent discount, to show you’re not trying to kick her out - just keeping the property safe and up to code.
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12 February 2025 | 75 replies
If those two things are accurate on every deal, you’ll make more money and be able to sell your deals to cash buyers MUCH easier.ALWAYS intend to close and NEVER put anything under contract you don’t already have soldWhen you make an offer on someone’s house who is in a bad or desperate situation, ALWAYS plan to close.
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4 January 2025 | 9 replies
There are some New programs coming for 2025 for primary homes, Vacation homes, and investment properties.
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24 January 2025 | 10 replies
This is something I try to live by and teach my kids if I can - "A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly.
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20 January 2025 | 5 replies
I have some upcoming repairs needed that outweigh the Homestead Exemption and plan to make my primary home a long term rental in the next 7 years but the repairs can’t wait.
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21 February 2025 | 29 replies
One place that will soon become a rental market heaven is an area around Johnstown/ New Albany where a huge Intel plant is under construction with plans for thousands of employees, not to mention the contractors there now.