
7 October 2024 | 4 replies
If you sell your new property for $20K less than you bought it then that would have the impact of reducing the profit on your old property by $20K.

6 October 2024 | 1 reply
Leverage Technology and AutomationTechnology is crucial for scaling, as it helps reduce labor costs and increases efficiency.

8 October 2024 | 0 replies
If a property management company faces a data breach, it can significantly reduce the property’s value, impact lease renewals, and affect the attractiveness of future investments.PropTech Startups:The surge in PropTech (property technology) startups has brought innovation to the real estate sector, including platforms for digital transactions, property management, and AI-powered real estate analytics.

10 October 2024 | 31 replies
Invest in stocks for now and focus your energy on building a business (on the side).

5 October 2024 | 1 reply
Hi Samuel,When considering how to pay off a loan faster, both methods you've mentioned—making a large principal payment at the end of each year versus bi-weekly payments—can be effective, but they operate differently.Large Principal Payments: Making a large payment once a year can significantly reduce your principal, leading to lower interest costs over the life of the loan.

7 October 2024 | 8 replies
At this location we will move 20 of the 115 to autopay, the rest are already on autopay (debit/credit card/bank echeck). 20 doesn't sound like much but times 5 other locations this will reduce our workload.

7 October 2024 | 6 replies
Given your strong net worth and experience, investors might be interested in a short-term investment with a clear exit strategy.Home Equity Line of Credit (HELOC): If you have significant equity in your personal residence or other properties, a HELOC can provide access to funds without selling any assets.Securities-Backed Line of Credit (SBLOC): If you have an investment portfolio, you could borrow against the value of your securities without liquidating them.Seller Financing: Negotiating with the seller to finance part of the purchase price can reduce the immediate cash requirement.

7 October 2024 | 20 replies
The financial benefit of reducing or eliminating income taxes very much out weighs the hassle and costs of a potential audit.You don't need anything fancy for a time log.

8 October 2024 | 11 replies
KowalIf this is true a sound strategy is to get bonus depreciation to get as much loss as possible (which gets to reduce my pension income) and as much sec1231 gain (which becomes cap gain)

7 October 2024 | 38 replies
This one is borrowing against a stock portfolio but our Heloc just sent out a reduced rate also but still much higher than this.