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15 January 2025 | 7 replies
Rents have been pretty close to what the housing authorities advertise, sometimes even a bit higher.Fort Wayne’s a solid spot with low taxes and good cash flow—definitely worth looking into.
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13 January 2025 | 16 replies
.: The applicant needs a social security number or an individual tax ID number (ITIN).
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28 January 2025 | 15 replies
Creative financing can help sellers make more money, solve pain points, gets them the money they need, and help them avoid a high tax bill.
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14 January 2025 | 3 replies
After reading Brandon and Brian's book, The Multifamily Millionaire, Volume II: Create Generational Wealth by Investing in Large Multifamily Real Estate, I'm a bit puzzled as to if the GP's must have real estate experience, or if someone can connect enough professionals/companies on their team to execute successful investments.
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9 January 2025 | 2 replies
It's always inspiring to see fellow real estate professionals who are passionate about learning and sharing insights.Phoenix is a vibrant market with plenty of opportunities.
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20 January 2025 | 57 replies
Have you passed the tax assessment yet, or is this your first year of owning it?
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8 January 2025 | 15 replies
Pretty much the same except you don't own it and would need consent to make changes.Also the owner gets all the tax benefits as they are the owner.
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7 January 2025 | 9 replies
Here are a few things that I like about the neighborhoods in Indy compared to other states: high rent-to-home-value ratio, consistent and gradual city development, relatively low property tax and insurance cost, affordable renovation service cost.From my experience, it's possible to find deals that meet 1% rule if you invest in *turn-key* duplex or SFH here, but they are harder to find, and could potentially slow down you from scaling up.
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10 January 2025 | 2 replies
You can run one-off searches for phone numbers and email addresses, and they often have promos for new users.Spokeo for Professionals: While not specifically real estate-focused, it’s a reliable option for finding contact info for individual property owners, especially for one-off searches.Forewarn: This is great for verifying contact details and gives a bit more intel on leads.
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11 January 2025 | 7 replies
The 1031 exchange will indefinitely defer all tax on profit and all depreciation recapture.