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21 November 2024 | 9 replies
As a real estate agent working in the investment space, I’m always looking to fine-tune my approach and discover new ways to find potential deals, whether it's off-market properties, distressed assets, or any other lead sources.Some questions I’m thinking about:What CRM tools have you found the most helpful?
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15 November 2024 | 4 replies
If you have people cutting you large six digit and 7 digit checks, I keep my ears open to hear what they are saying.
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20 November 2024 | 4 replies
Now if you're just looking to make your credit report look better, that might work but not sure why that would be worthwhile unless you were just looking to borrow more consumer-type debt rather than hard asset notes.
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21 November 2024 | 4 replies
Also, building a portfolio of cash flowing, appreciating assets is a great way to create long term wealth
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19 November 2024 | 5 replies
@Nakul PatelBest asset protection is an insurance policy, you open a LLC then you are gonna have to pay like $850 a year for it if you are in California even if it’s a LLC in another state plus other fees and costs.
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20 November 2024 | 2 replies
Your house isn’t just your haven—it can be a financial asset too.
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19 November 2024 | 7 replies
As others have mentioned, you will be able to take bonus depreciation, for certain assets, which won't be pro-rated.When you get the cost segregation study, it will break down the home into several buckets39 year property, 15 year property, 7 year property, 5 year property and land.The remaining assets will be pro-rated when it is placed into service.For example, a building placed into service in January will have a higher depreciation expense than the same building placed into service in November.Best of luck.
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19 November 2024 | 9 replies
Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.
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19 November 2024 | 15 replies
Taxes going up though, but as my accountant says...the good news is your assets and income are worth more this year.Did you ever buy a place in Oregan?
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20 November 2024 | 3 replies
HI Abigail,Acquiring a loan, lenders always look into 3 metrics Income/Assets/Credit.