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15 October 2024 | 5 replies
They've ranked No. 180 among the fastest-growing private companies in America, showcasing impressive growth in the property management software space.
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14 October 2024 | 9 replies
I'm currently the founder and CEO of 1031 Prime, a tech enabled 1031 exchange service to help keep taxes at bay and support the defer, depreciate, and die model.My goals for the next 18 months are to continue to grow 1031 Prime by servicing my fellow real estate investors and buy a small MF property, Ideally 4-8 units.
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18 October 2024 | 12 replies
Grow a passion for learning and I promise you.
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14 October 2024 | 0 replies
I sold my rental property to buy my current condo and am available to help investors build & grow their portfolios.
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15 October 2024 | 0 replies
Here’s an example of bonus depreciation.Here are some of the current trends that are highlighting the importance of a cost segregation study.Contract Logistics Expansion: Experiencing growth in contract logistic divisions leading to outsourced warehousing and distribution activities.Warehouse Technology Advancements: Integration of AI, robotics and IoT allows for operational efficiencies including reduced labor costs and improved safety.Warehouse Automation Growth: Significant growth signals a need for efficiencies and the adoption of new technology.Warehouse Space Expansion: There are ongoing developments in the warehouse space to help support the growing demand for infrastructure and warehouse space.Robotics and AI investments: There is a demand for faster throughput and immediate fulfillment which is causing investors to invest more into AI and robotics.Cost segregation becomes an even more critical tax strategy as there is an increase in investments in automation and technology as it frees up cash by creating additional tax savings.Some of the financial benefits that a warehouse investor can expect from a cost segregation study include:An increase in cash flow for automationImmediate tax savingsEnhanced warehouse property valueImproved warehouse ROI by reducing tax liabilities and increasing cash flow.There are many items that can be reclassified for accelerated depreciation through the use of a cost segregation study.
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15 October 2024 | 4 replies
Hey David, @David FitchManaging a growing portfolio across multiple multifamily buildings can feel like spinning plates one misstep, and everything wobbles!
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15 October 2024 | 2 replies
So, the total parcel should be worth $750,000 - $900,000 before building the new duplexes.My local housing market: In a small city of 33,000 growing at 1% a year, constrained by a housing shortage.
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9 October 2024 | 1 reply
Hello everyone,I recently joined a rapidly growing insure-tech company that specializes in rental properties.
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15 October 2024 | 3 replies
With the growing demand for both urban living in cities like Austin and suburban areas surrounding Dallas and Houston, where do you think the next big wave of homebuyers is heading?
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14 October 2024 | 1 reply
Wanted to give a quick shoutout to @Scott Trench for presenting the How to Use Your BP Membership to Grow Your Business breakout session today.