
16 November 2024 | 9 replies
Theyre difficult to deal with at his point; not allowing access for capital repairs.

17 November 2024 | 5 replies
No experience with non performing notes.My idea is to buy these notes with the primary goal of accessing the property through foreclosure, knowing that there are several other possible outcomes.

14 November 2024 | 8 replies
It sounds like you’ve already made great strides with your four long-term rentals and that you’re committed to learning and expanding your portfolio, even from afar.

18 November 2024 | 17 replies
We do have a regional airport that provides connecting flights to Dallas but it is unreliable/expensive and they are unable to extend the runway to land bigger commercial jets and don't have room to expand the common areas that would accommodate more customers.

15 November 2024 | 8 replies
@Alex Del Rio welcome and congrats on Real Estate Professional Status (REPS) this brings with it a lot of tax benefits that you didn't have access to before.

18 November 2024 | 15 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
15 November 2024 | 4 replies
Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.

15 November 2024 | 1 reply
Using multiple platforms together and cross-referencing with public records or MLS data (if accessible) can help minimize discrepancies.

15 November 2024 | 3 replies
Would you be able to give for information.Some question I might ask: Can you get access to the land or is it surrounded by other people property?

14 November 2024 | 5 replies
I’m planning to take my broker’s exam in the near future to expand my skill set and deepen my involvement in this space.I’d be thrilled to discuss the current state of the market, challenges, and opportunities, and to exchange ideas with others.