
13 November 2024 | 7 replies
I am interested in starting out with the fix & flip and BRRRR methods in the middle Georgia area.

14 November 2024 | 13 replies
Quote from @Prashanth Mahakali: Hello,Good luck with the first steps toward development.

18 November 2024 | 47 replies
It works like this:(1) Save up enough money for a down payment(2) Buy a single family home that you will Airbnb/VRBO(3) Ensure the “average period of customer use” is <=7 days(4) Materially participate (5) Cost segregate the property, resulting in large depreciation deductions(6) Use the losses from step 5 to offset your W2 incomeWhat makes this possible is that operating an STR is considered “non-passive.”

14 November 2024 | 3 replies
Right now, you are thinking of yourself and how to get you ahead and not stepping back and looking holistically at the process.

13 November 2024 | 18 replies
These steps will keep your project on track and make remote management smoother!

14 November 2024 | 12 replies
Decide on what you'd like to focus on as a first step.

14 November 2024 | 13 replies
They should have good recommendations.If you are trying to do the BRRRR Method, or some other advanced method, now it get's a little more difficult.

13 November 2024 | 12 replies
If they are, then the enemy method works.
14 November 2024 | 13 replies
Not only that he gets stepped up basis and sell with no tax double check that with accountant but I think that is correct.. then take the cash put it in 5% gov bonds for now then get up to speed and see what you really want to do.

17 November 2024 | 16 replies
Like Patrick mentioned, I’d say starting with a long-term rental might be a better first step.