
27 September 2024 | 10 replies
For most it’s a colossal waste of time and energy.

29 September 2024 | 21 replies
Additionally, a larger property like this is valued based on the actual cash flow, not sales comps, so you have the ability to force appreciation faster with efficient management.Adding the a 5-10 unit may also increase the amount of time you spend getting you closer to the 'Real Estate Professional' status for tax purposes opening up room for offsetting some W-2 income on taxes.

28 September 2024 | 1 reply
Historically some areas of the country such as areas on the West Coast and South have experienced larger valuation swings than other areas in the country.

26 September 2024 | 10 replies
Take the time, energy and resources you are allocating towards this and refocus it on the underlying real estate.

26 September 2024 | 1 reply
Imagine making millions of dollars throughout your career and then having to pay Uncle Sam 30-50% every year instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of the best ways to end up with a much larger net worth at the end of your career.

30 September 2024 | 47 replies
Low energy spamming tbh

25 September 2024 | 11 replies
I think this gets missed sometimes, or people are surprised that they are taking a lot of risk AND energy/time to get returns generally available already with much lower of the two

28 September 2024 | 12 replies
There used to be one, but normally people post questions in the larger groups and simply add the location (usually Canada or the province) to the heading.

27 September 2024 | 47 replies
Partnering for larger deals can help buy larger properties.

27 September 2024 | 1 reply
Thus, I have been looking into the apartment complex space and continue to educate myself in the event that opportunities continue to be brought to me.Sooo In digging into a number of courses my concern is this with the larger 10+ apartments and high numbers 1 million and up.