
18 October 2024 | 29 replies
These results represent A LOT of hard work and the algorithm loves us for it.

11 October 2024 | 7 replies
That company supports foreclose bidders they produce a document daily on all the sales with same info I mentioned above and color coded certain props with extra caution Red or Green for ready to go bid with confidence. although this created uber competition.

14 October 2024 | 2 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

13 October 2024 | 0 replies
According to my thesis on the subject $80MM investment over 10 years resulting in 30 new homes per year would be the ticket.

14 October 2024 | 9 replies
As a result money spent on trying to achieve anonymity is probably the largest unnecessary expense new investors incur and when they hear someone like yourself with 26,000+ posts and impressive credentials share that you can't be traced, that's something forum readers will latch onto.

14 October 2024 | 16 replies
I would think they would.I was just thinking after seeing someone one the news who had their life savings in Florida STR's.I think it is important to diversity and not have all income producing properties in one place especially when it is prone to a certain type of potential destructive weather.

13 October 2024 | 11 replies
As a result, I wouldn’t need to show material participation for each property individually, and I could potentially use the losses from these deals to offset other income.Even though I qualify as a real estate professional, it’s important to remember that active participation is still required to use those losses against W-2 income.

13 October 2024 | 11 replies
Thanks in advance for considering.Purchased a home for $700kCompleted $25k in renovationsCompleted a cost seg study (80% bonus) that resulted in $80k in passive losses for that tax yearWhat if we now sold that property for $800k.
18 October 2024 | 34 replies
But in reality a mortgage at 50% that’s recourse and cross collateral will in all probability not result in anything different as the chances of the lender having to look beyond the subject property are fairly remote.

14 October 2024 | 2 replies
You treated them as part of your personal finances when you wanted to lay your hands on some money BUT want to think of resulting debt as part of the business and are frustrated that the rents aren't covering that debt.