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18 April 2024 | 4 replies
I think people look at real estate the wrong way and want the loss to offset their W-2 income.The first and most benefit goal with real estate is that your cash flow and appreciation is not taxed.if you are making 8% from cash-flow and appreciation and it is not taxed, imagine how quickly your wealth can grow.If you can offset the rental loss with your income income, that is just icing on the cake.
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18 April 2024 | 10 replies
In a similar fashion, if you can imagine how much landscaping and underground infrastructure is in a golf course as compared to the clubhouse, that will give an indication of why an extremely high percentage of the property's value is allocated to the land improvements.
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18 April 2024 | 12 replies
We're now north of 550 doors managed in Detroit and I imagine, at current pace, we'll be over 1,000 in the next couple years.The PM side is slightly profitable for us.
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18 April 2024 | 26 replies
I just can't imagine seeing a 10%+ return on that 100k to make it worth the updating.
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18 April 2024 | 141 replies
-Go to bed at 10pm every night, wake up at 6am every morning. 8 hrs sleep.
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17 April 2024 | 3 replies
If you are in a fairly rural area I would imagine there aren't a lot of investors marketing to your area.
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17 April 2024 | 4 replies
Oh god, I can only imagine the horror involved with managing a Section 8 tenant in a landlord hating state like California.
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18 April 2024 | 8 replies
I have seen these terrible scams they are running now that a lot of people have so much equity in there home but after Covid I’d imagine many people have credit issues but these company pretend like they are giving you access to equity in your home but they are actually buying your home and renting it back to you.
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18 April 2024 | 18 replies
It's a gamble doing this, but a great way to start... but imagine your renter bailing on you after a few months - can you afford to carry the place for a month or two?
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18 April 2024 | 27 replies
Solar does not last very long- the panels are glass so imagine if you have high winds, hail, intense weather.