Felisha Derrick
Beginner situation/Hubris/What would you do?
6 January 2025 | 9 replies
Thank you so much for your insights, I already have a company in mind but if things go south you may hear from me sooner than not.
Ahshar Sylvestre
Open code violation list
23 December 2024 | 15 replies
Most sources should tell you if it's open or closed/paid.
Kevin M.
Condo Investment in NYC
7 January 2025 | 12 replies
Using a 1031 to upgrade to a two-family could help you reduce or eliminate the $1,000 out-of-pocket expense you’re paying now.Also, condos often come with HOA fees that limit cash flow, so be mindful of their impact.
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
Do you mind what neighborhood in the East Side of Indy you invested in?
Brandon Tyler
Brand New to Real Estate
29 January 2025 | 2 replies
@Brandon TylerThat’s an exciting step—getting your real estate license will open up so many opportunities to learn and grow!
David Hoffman
Industrial real estate operators
30 January 2025 | 20 replies
Are you open to speaking via phone or zoom possibly.
Alec Jacobs
What bank account should I use for my rental property?
29 January 2025 | 4 replies
It’s usually best to open a separate business checking account so your rental income and expenses stay organized and away from personal funds.
Matt Barge
20-unit hotel in TX
27 January 2025 | 0 replies
Hotel is open, we had a grand opening, we've been doing good and cash flowing.
Paloma Wodehouse
High Priced First Buy
8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.
Gregory Schwartz
What is a good occupancy rate for MTR
9 January 2025 | 8 replies
You don't know for sure exactly what their occupancy rates are but you can certainly get a feel for it by seeing what future dates are open.