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5 February 2025 | 4 replies
@Drake BackmanBigger Pockets is a great place to find a tax strategist specializing in real estate taxation.A good real estate tax strategist can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding a tax strategist specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your tax strategist remotely to expand your options.I would also recommend looking for a tax strategist willing to work with you throughout the year.
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27 January 2025 | 5 replies
At the end of the day; you need more money to do something like this.MAX LTV on new builds is 80% LTC, Meaning if the build is $550,000 and Land is XAdd ($550,000 + x ) * .8 = LOAN AMOUNTYou would need to come in with MINIMUM 20% of the cost in addition to closing costs and reserves, $80,000 is not going to cut it for this project.
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29 January 2025 | 107 replies
Am I more likely to be able to add $50k or $100k of value above cost in a high Cost RE market or a low cost RE market?
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4 February 2025 | 3 replies
Which ok, I get it, ACH cost money, BUT, RentRedi does not give the landlord the option to pay that.
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30 January 2025 | 6 replies
The overhead to start a company is low, but the cost to scale is high.
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30 January 2025 | 56 replies
I have been in Milwaukee WI for quite a while as investing in my backyard in NY is cost prohibitive. good luck on your journey!!!!
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13 February 2025 | 8 replies
You'll find that rental property investing isn't scary at all and a great property manager can actually save you more money than they will cost!
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23 February 2025 | 246 replies
The trainers just pivot to what is working today and set up training in that niche.
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31 January 2025 | 2 replies
We have 2 San Antonio sub2 deals that are turn key homes and only require about $20-25k to close (assignment fee + closing costs).They're a great option!