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5 December 2024 | 31 replies
Hearing from many testimonials by talking to real Padsplit owners in person, it seems to be a true cashflow machine coming from a single family residence.
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6 December 2024 | 11 replies
1. coaching- all of the "coaches" were newbies themselves with about 1 year of experience and about 1 deal under their belts and they always disappear after 2-3 months and get replaced with new "coaches".2. networking- they have a FB group, populated primarily by other newbies. go there to answer questions, and it's likely you'll get other newbies saying "good question". there are lots of newbies hoping to get into a deal, but who wants to put together a team where every single person is brand new with no experience?
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4 December 2024 | 3 replies
While I do think most Realtors (single family listing/buyers agents) are a dime a dozen, in the commercial world I think you get what you pay for, more often than not.
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26 November 2024 | 2 replies
Investment Info:
SFR Buy & Hold Investment in Clearwater, FL.
Purchase price: $430,000
Cash invested: $85,000
I bought the property partially renovated on the interior, then proceeded to do upd...
3 December 2024 | 1 reply
They mentioned he is single and quiet which is ideal for a landlord haha.
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4 December 2024 | 6 replies
Lastly, have you tried running the #s to look at long-term appreciation on a unit like this vs. a Single-family or Multi-family property?
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28 November 2024 | 4 replies
Hey @Isadore Nelson - I'd bet my life savings on the fact that there's multiple reasons why other investors haven't scooped this up yet.
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5 December 2024 | 13 replies
If you move into a property acquired through a 1031 exchange and make it your primary residence, you may qualify for the capital gains exclusion under Section 121 (up to $250K single/$500K married) if you live in the property for at least two of the last five years before selling.However, gains attributable to the time it was a rental property remain taxable (non-qualified use), and depreciation claimed during the rental period must be recaptured at a 25% tax rate.
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14 December 2024 | 101 replies
@Robert Lum you bet you can troll around a site like BP read their books listen to the pod cast of those that are successful and talk about their business's.. its inspiring and motivational.but if you really want to learn the nuts and bolts you need to get in the game.the best and least expensive way to do that is to simply take a pre license course in your state.. learn the laws ( the real laws not the BS that is talk about on line).. terminology etc. then go to work with a brokerage in the aspect of Real estate that interest you.. there you will get REAL training by those that are successful you get on a team.. you get paid as you learn.
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3 December 2024 | 5 replies
It is a 3BR, 2BA single family home with attached garage and full basement with potential for at least 1 BR to be added downstairs.