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20 January 2025 | 8 replies
From the public website,The BetterLife Tribe program offers everything you need to achieve real estate success:Monthly Calls with Brandon Turner and top real estate experts, providing you with insider knowledge and strategies.1-on-1 Personalized Coaching to tailor a growth plan specific to your goals and challenges.Access to the reiOS System of Success, the exact operating system Brandon used to scale Open Door Capital to over $1B in assets.World-Class Real Estate Education and Tools that equip you with the skills to dominate any market.A Thriving Network of 1,000+ Active Investors ready to support, inspire, and challenge you on your journey.Seems like a great program like many do in the marketing materials
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2 January 2025 | 32 replies
If, however, you are not specifically looking for me to be nice and would like me to be honest instead, I'll say that using tools like your app completely misses the point and should be avoided, outside of as a teaching tool.
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19 February 2025 | 266 replies
Does anyone have personal experience with specific scrutiny of a logbook during an audit?
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18 January 2025 | 9 replies
I'd estimate your cash flow after you pay the loan payment would be $600-$800, which a lender that understands investment real estate should give you some credit for on your DTI.As for a bank, I have a specific lender at NBI that I would recommend.
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14 January 2025 | 4 replies
A good team on the ground should be able to help you avoid all of these potential pitfalls.
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12 January 2025 | 23 replies
A solid property management team (or maybe multiple PMs if your portfolio is large enough) is a must for out of state investing.
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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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14 January 2025 | 3 replies
If you have specific questions about property management, I'll be happy to help!
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15 January 2025 | 3 replies
You need to provide a bit more specifics about the property, about the insights you want, etc.
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17 January 2025 | 2 replies
There are a lot of site-specific issues you need to investigate before deciding what the land is worth to you.