James Celidonio
Opinion on BRE Leads
4 February 2025 | 8 replies
AI is not some magical, all-knowing miracle that can pull leads out of thin air.AI is simply a faster, more hands-off way to find the same low-quality leads you get from DMM, cold calling, and SMS marketing.You’re not improving lead quality—you’re just finding bad leads faster.
Julie Muse
Team Effort Pays Off: Stunning 14th St Flip Success in Fond du Lac!
3 January 2025 | 1 reply
We invested $55,000 in key renovations, focusing on modernizing the interiors, improving curb appeal, and ensuring the property met market expectations.
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
Splitting the gift across multiple years may reduce immediate tax reporting but requires appraisals, legal documentation and proper structuring.If the house is highly appreciated, holding it for inheritance may be more tax-efficient because the recipient would receive a stepped-up basis to the FMV at the time of your passing, eliminating much of the capital gains tax liability.This post does not create a CPA-Client relationship.
Gregory L.
Rent to preserve 2.5% mortgage
3 February 2025 | 4 replies
We've invested around $50,000 in improvements (central air and hardscaping) and our mortgage is a 30-year fixed at 2.5%, with a PITI of $2400.We think it could rent for $3,750 - $4,000 per month based on local comps.
Mariah Volk
A few questions!
6 February 2025 | 5 replies
If substantial renovations or capital improvements are made in later years, those improvements may qualify for new bonus depreciation.3.
Devin James
Time is of the essence - Im currently learning an expensive lesson
22 January 2025 | 4 replies
Hopefully you have a better streamlined build on the next one.Its a part of the processWe'll be more efficient as time goes onThanks for the feedback!
Ben Fernandez
Overcoming Setbacks: Renovating a Challenging MLS Property for Profit
5 February 2025 | 0 replies
Despite facing setbacks, including a year-long renovation process, I tackled the repairs, improved the interiors, and addressed all concerns.
Abrahm Dimmitt
Prop stream or Deal Machine?
17 January 2025 | 35 replies
I download those into Geo Batchcode so I can plan an efficient route to check out those properties, and of course I take note of any others of interest that I see along the way.
James Polk
7 Bedroom Padsplit
28 January 2025 | 0 replies
Wish I had remodeled the space that is the dining room into an extra room to improve cashflow.
Daniel Windingstad
Lemon or no?
24 January 2025 | 8 replies
You'll have to look at the income and expenses to predict whether your cash flow will improve.