
15 October 2024 | 0 replies
Cost segregation can help boost cash flow, create substantial tax savings, and increase the profitability of the warehouse operation by accelerating depreciation.A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.

15 October 2024 | 4 replies
He likes the advanced analytics and how it helps him forecast and plan for future investments.Switching systems can be dauting, but the right tool can make your life a whole lot easier.

17 October 2024 | 20 replies
There is ready access to a ridiculous amount of tools, resources and information not to mention ready-2-go systems.

14 October 2024 | 2 replies
, we are super blessed, it was not easy but it wasn't super hard either, and the tools here at BP are a VERY good resource to Analyse deals. thank you, guys.we are renting this property now to a wonderful family, they are super happy with the place, and we are collecting $1,200 P/M rent with over just over $500 in cash flow :) I just wanted to share to encourage new investors!!!!

15 October 2024 | 34 replies
I've learned very valuable information from the experienced investors on BP - some of whom I've talked to by phone or gotten on Zoom calls and they have saved me from making offers on anymore bad deals.

16 October 2024 | 25 replies
Networking with local investors, real estate agents, and property managers can provide insights and potential opportunities.Attend Meetups: Participate in local real estate meetups or workshops to connect with others in the industry and gain valuable firsthand knowledge.4.

15 October 2024 | 7 replies
We rent single family homes, so we have a conversation about yard maintenance, snow removal etc - have you don't this before, do you have the tools etcI also bring up house cleaning questions, by telling them we had a tenant who did not own a vacuum cleaner, did not know how to run a dishwasher, had a mess in the basement etc - and then see how they respond.That is a non-offensive way to talk about house cleaning and you'd be surprised how different the responses are.

16 October 2024 | 10 replies
That said, expect to deal with a fair amount of fluff leads.The two best strategies I’ve found are inbound methods: direct mail and Google Ads.As you mentioned, direct mail can be expensive, but it can also result in highly discounted properties.Regarding SEO, while it’s a valuable strategy, it’s not necessarily "cheap."

14 October 2024 | 0 replies
And when you invest in relationships and go the extra mile, you create something far more valuable than a single deal—you build a business people can trust and rely on when it matters most.

17 October 2024 | 26 replies
Hey @Jon Cave, so if you are experienced as a flipper, you have some tools already.You need to put that experience to work finding a property that would work as a STR.It has to be in the right place, with the right amenities.