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25 September 2024 | 4 replies
I've worked multiple internship jobs over my college career and feel very confident I could land well paying 9-5 as soon as I graduate.
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27 September 2024 | 16 replies
Land constraints make appreciation very strong.
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24 September 2024 | 0 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the current bonus depreciation rate at 60%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.
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24 September 2024 | 12 replies
My initial concern was that my land business needed something drastically different than what Left Main was actually built for, and my purchase was a bit of an impulse buy after a slick presentation by their sales team and owner.
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25 September 2024 | 17 replies
After months of headaches I was able to sell the land and Lost 95% of my investment.
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24 September 2024 | 3 replies
Ive started getting some momentum making contact and landing deals from our skip data , but one thing that needs to improve is my Buyers List looking to build buyers list in Houston, Tx any investors looking to network in the area or anywhere !
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24 September 2024 | 19 replies
In terms of finding raw land, and zoning to develop successfully and turn a profit.
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23 September 2024 | 4 replies
Don I grew up in the tax sale land business..
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23 September 2024 | 9 replies
Additionally, using a land trust with an LLC could offer protection without the complexity of multiple LLCs.
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24 September 2024 | 21 replies
We just saw few target properties go from active to contingent/pending status on MLS, it's hard to land on good cash-flow/turn-key property with low inventory nowadays.