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2 January 2025 | 2 replies
Selling the property within your Solo 401(k) and returning the proceeds to the account simplifies compliance and ensures tax-deferred growth (or tax-free in a Roth Solo 401(k.)).
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12 January 2025 | 23 replies
Why not buy more expensive assets so you have same returns with less doors?
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4 January 2025 | 5 replies
That profit will increase over time and improve your return.
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2 January 2025 | 12 replies
I hit 100% cash on cash return on all these B or C areas and they often outperform my better neighborhood properties.
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30 December 2024 | 5 replies
Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment: - Took 4 months longer than expected - Cost $10K more to build than we anticipated - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!
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1 January 2025 | 7 replies
The bottom line is that past performance is no indication of future returns.
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4 January 2025 | 18 replies
Michael,Maybe you could hire two, see how they do, then give All to the one that meets your expectations, is efficient and returns phone calls
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27 December 2024 | 1 reply
My lot is actually only 75' wide but was grandfathered into the zoning once they made the setback changes (neighborhood is late 1950 builds).
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29 January 2025 | 21 replies
We called them out on it and asked for tax returns.
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5 January 2025 | 17 replies
Main questions would be, how long have you owned this and is there any rental income reporting on your most recent return.