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29 January 2025 | 9 replies
Here is the million dollar question @Teslim Salami, what does a good deal look like to you?
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17 February 2025 | 10 replies
I didn’t have a pre-approval amount per se, I just knew that I didn’t have to worry about funding for anything under maybe half a million and my typical purchase and rehab was in the 150 to 250 range.
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18 January 2025 | 3 replies
Until you have $1 million or more in equity and really understand how to use an LLC, I recommend you just buy an umbrella insurance policy for $1 million.
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27 January 2025 | 0 replies
Existing-home sales, for example, hit their lowest level in nearly 30 years in 2024, with just 4.06 million transactions.
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30 January 2025 | 24 replies
So, with the house now worth $2.2 million, they’d only be taxed on $1.35 million of the gain after the exclusion.2. **1031 Exchange:** Just a heads-up—1031 exchanges allow you to defer capital gains taxes when you sell a property and reinvest the proceeds into a "like-kind" property.
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19 February 2025 | 13 replies
Yes, the city of Detroit has committed over $300 million to infrastructure and downtown renovations over the next several years, meaning long term appreciation gains should increase for the foreseeable future.........
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27 January 2025 | 48 replies
The guy that turns on and off the lights in the P&G lobby has a couple million in stock.
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19 January 2025 | 2 replies
I graduated with a degree in construction management, moved to Dallas Texas to work with a large construction company building projects anywhere from 30 million on up to 1.2 billion.
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19 January 2025 | 6 replies
Almost every realtor has several investors ready to invest at least $2 million in cash.If you’re planning to use hard money loans, agents won’t show properties without prior proof of funds.I’m curious, is this a general market trend in Ohio or just this particular realtor’s approach?
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21 January 2025 | 7 replies
Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.