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22 January 2025 | 22 replies
The minimum sheen I would use for any rental is satin (Very rarely eggshell).Does your rate include cleaning fees?
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14 January 2025 | 2 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.
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24 January 2025 | 37 replies
Last time in my MFD ( multi Function Display) went off line and I had to break off and climb out of the clouds get on top and go back to home base.. that was a 15k box that broke :(
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16 January 2025 | 6 replies
Include in your model rates going up by 2%, and just make sure you enough cash to cover.
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17 January 2025 | 9 replies
Would you share 3 specific things I should do during my "training period" (if it includes a book, which one)?
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8 January 2025 | 11 replies
There are kinds of guru's who will help you buy section 8 properties in a turnkey package including the rehab the property will need to get it rented.
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7 January 2025 | 13 replies
But for some, including myself when we bought in 2015, breaking even or even losing a little each month was okay in order to own a property in Hawaii that we could also use ourselves.- Does the condo have an existing STVR permit or will you need to apply for it?
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13 January 2025 | 8 replies
I have flipped 30 houses, including having 10 projects going simultaneously, one of which sold for $1.8 million.
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27 January 2025 | 35 replies
This includes all the tools and knowledge to help potential client’s make informed decisions on their new builds.Beyond guiding us through our investment journey, they also have always offered additional market and property analysis to give us a deeper understanding of the real estate landscape, helping you succeed with confidence.
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8 January 2025 | 34 replies
Trust me, I have been there.I suggest you try to House hack in cities that you are already familiar with and have some connection with.Hire a great investor agent in that market and ask them all your questions and concerns.That I believe is the best way to get personalized advice tailored to your goals and lifestyle.You giving out Cleeveland and Toledo on your post will only attract biased opinions and advise.Only you know what you truly like, want, and can deal with.As Nicolas said, read this post and comments and hope that gives you a new perspective. https://www.biggerpockets.com/forums/12/topics/1215726-break...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1137397-balti...Goodluck and keep us posted.