
20 October 2024 | 32 replies
@Rick BaggenstossThis is just based on my limited experience.1) when a property is in per-foreclosure, I will expect the bank to redeem.

17 October 2024 | 20 replies
This can be done with rather limited capital and in rather limited time, 10-20hrs a week is a legit affective amount of time if it's intelligently used.

15 October 2024 | 2 replies
Should I hold onto as much of it as I can and bet on a combo of cash flow and appreciation for the long term?

14 October 2024 | 19 replies
Here's a map comparing income tax rates by state.Rent control: Never invest in any city that imposes significant limits on your ability to manage your own properties.

17 October 2024 | 21 replies
I would not, however, bet on shipping rates staying this low over the long term.They have all the plumbing and electrical built into a centerpiece.This the sort of problem you'll face.

17 October 2024 | 1 reply
Now, let’s dive into the upsides and downsides of moving to this kind of arrangement.The Upsides of Consolidating Your Insurance into One ProgramSimplified ManagementManaging multiple policies with different renewal dates, coverage limits, and terms can be a logistical nightmare.

17 October 2024 | 1 reply
Similar to a 401k, part of the strategy is a tax arbitrage.It is a much better outcome to take the deduction at 37% rather than 24%.Lever 5 - % Bonus AllowedIn 2023 Bonus depreciation has been limited to 80%, and will continue to ramp down 20%/yr until it hits zero in 2027.Bonus depreciation has come and gone in the past, but the more you get, that first year payback is higher and higher.Lever 6 - % Payback RatioUltimately how much you save vs. how much you pay matters.Caveat - Talk to your CPA before you purchase a cost seg study.You need to have a way to monetize your losses through1.

16 October 2024 | 5 replies
Unfortunately, I don't think it's realistic that you will find a generic commercial lease online that checks all the compliance boxes for your state, city, and county.There are limited service property managers that will do retail tenant placement (rather than full property management, which it seems like would be overkill for this one commercial unit you manage), and this would be included as part of that basket of services.You could also hire a lawyer, but I think that property management company will be more cost effective.

16 October 2024 | 10 replies
Now, in the case of investing in a real estate syndication, your Roth IRA will be a Limited Partner (LP) in the LLC structure.

16 October 2024 | 2 replies
A balanced market is typically around 6 months of inventory, so a lower number represents a seller's market with limited inventory.