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6 October 2024 | 9 replies
Best bet is to try to work it out with the tenant.
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4 October 2024 | 12 replies
I would also love to connect with other investors in the area and hopefully get to exchange some ideas.
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8 October 2024 | 10 replies
If you're asking for tax purposes, talking to a CPA would be your best bet.
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8 October 2024 | 36 replies
I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.
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3 October 2024 | 15 replies
Another common route is borrowing from private lenders—whether friends, family, or other investors in exchange for a return on their investment, though you should always ensure everything is clearly agreed upon in writing.If you're hesitant to use your savings, a HELOC or hard money loan might be your best bet for accessing the capital you need without dipping into your reserves.
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5 October 2024 | 9 replies
On the other hand, residential rentals aligned with appreciation tend to be more stable and are a solid bet if you’re looking at long-term wealth building.
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4 October 2024 | 10 replies
I'm always down to exchange ideas and help each other grow.
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4 October 2024 | 5 replies
This is a common question among real estate owners.Let's dive in:The reality is that wealthy families often pass on real estate assets from generation to generation.For example, if one generation has an RE entrepreneur who amasses $50 million worth of real estate, that portfolio can generate enough cash flow to support multiple future generations comfortably when passed on.So, what happens if that initial investor built their empire by rapidly depreciating assets and using 1031 exchanges to lower the basis and defer taxes along the way?
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2 October 2024 | 6 replies
1031 exchange if you don't like the property, the location, the returns or you are out of depreciation.
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29 September 2024 | 5 replies
Last year, I completed a 1031 exchange, where I exchanged that rental property for two new residential rental properties.