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28 October 2024 | 13 replies
If the modem and router are separate devices, spend up and get a high quality wireless router.
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29 October 2024 | 9 replies
You could also qualify if you spend more time on the property than anyone else involved, regardless of hitting 100 hours.Ex. managing contractors, handling bookings, setting up the property, or dealing with guest communications, you might meet the material participation requirement without needing to track 100 hours.The key is to document everything.
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29 October 2024 | 11 replies
How many hours do you spend managing the property vs. others, etc?
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31 October 2024 | 29 replies
Spend some time finding an expert!
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28 October 2024 | 30 replies
Think of it this way…you take on a flip, you spend 2 months on renovations, 1 month on market, 1 month under contract.
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28 October 2024 | 8 replies
The would mean you are now spending $400/mo on your housing cutting your monthly expenses by $600 or adding $600 to your income each month not to mention tax benefits and appreciation.I think once you have a house hack, you look into buying a value-add property and BRRRRing it.
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26 October 2024 | 5 replies
Clearly these are just example numbers, but it is how I would look at it.And then layer in if refinishing all the 1 beds is a $100k renovation, but converting into a 4 units is a $150k renovation, now you are spending more money to create less revenue AND have a property worth less at the end of the day.
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25 October 2024 | 33 replies
Now:You can spend thousands of dollars on SEO and PPC and still make no deals.
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21 October 2024 | 176 replies
It is called household formation.
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26 October 2024 | 10 replies
Keep in mind they will also spend far more time raising capital and diverting their attention outside of managing the investment which is adverse to your objectives.