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24 May 2024 | 6 replies
Sure, there are rules and whatnot, but that's the gist.So... if are involved with the business from a day to day perspective, and if you have a profit motive, then this is no different than selling used copiers or being a consultant.Speak to a qualified tax pro to help understand the rules so you know how to position your facts.
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25 May 2024 | 26 replies
Please reach out to me via a private message or text me at 719-212-5477 with your email address and I will get you set up!
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24 May 2024 | 34 replies
I would work with an investor-friendly agent who focuses on cold-outreach methods like cold-calling, cold-texting, etc to bring you off-market deals under 250k.
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22 May 2024 | 8 replies
My heart sank to the floor when I received a text message from them telling me they will not be moving forward in the purchase.
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22 May 2024 | 6 replies
The primary motivations for purchasing an LLC that owns the real estate is to avoid the potential of a significant property tax increase and to eliminate conveyance fees.
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22 May 2024 | 7 replies
Since l had to increase rent for a tenant, l first talked about it via phone and text message (it’s very difficult to communicate with them via email), then signed the new lease.
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22 May 2024 | 77 replies
Anyone receive calls from motivated sellers using the app?
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24 May 2024 | 36 replies
I've been to many "guru" trainings and his was the one that got me the most motivated, educated and "bang" for my "buck.
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21 May 2024 | 8 replies
If you have time, feel free to give me a text or call.
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22 May 2024 | 10 replies
.### Calculating Annualized ROI (CAGR)The formula for CAGR (Compound Annual Growth Rate) is:\[ CAGR = \left(\frac{Final\ Value}{Initial\ Value}\right)^{\frac{1}{Number\ of\ Years}} - 1 \]In your case:\[ CAGR = \left(\frac{\$601,816.40}{\$235,000}\right)^{\frac{1}{30}} - 1 \]Let's calculate this:\[ CAGR = \left(\frac{601816.40}{235000}\right)^{\frac{1}{30}} - 1 \]\[ CAGR = (2.56)^{\frac{1}{30}} - 1 \]\[ CAGR \approx 1.0303 - 1 \]\[ CAGR \approx 0.0303 \text{ or } 3.03\% \]This means your annualized return is about 3.03% each year over 30 years.