Tonio Pearce
Should I create a baseline template business plan?
23 December 2024 | 9 replies
For the personal side of things, I do a GoBundance Onesheet, which breaks my life up into Financial, Health, Relationships, Friends, Adventure, and Spiritual/Contribution.Happy to share either document with you if that would help Tonio!
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
I've officially owned this rental property for over a year now.
Albert Hepp
Are you seeing Flat Fee Buyer Agents in your market?
3 January 2025 | 26 replies
So most agents are only putting about half of that $12k in their pocket, and out of that $6k they have to cover all of their operating expenses: licensing fees, MLS/ Realtor Association fees, continuing education classes to stay compliant with licensing requirements, monthly "desk" fees/ technology fees to their brokerage, health insurance for themselves and their family, errors and omissions insurance (required), marketing, car, car insurance, gas, clothes, computer/ software, cell phone, closing gifts, signs, photography, staging if they offer that, etc.
Alex Silang
What drives you to aim to attain super wealth?
28 December 2024 | 23 replies
You need to adjust for inflation--back in 17 that wasn't on folks radars--and health costs.We do this now because of satisfaction, interest, and everything in between.
Derek Buehner
Tax deductions on a remodel for a future STR while living in it.
16 December 2024 | 8 replies
However, these costs can often be added to your property's basis, which helps reduce capital gains tax when you sell the home.Once the property is officially a short-term rental, subsequent repairs and maintenance would likely qualify as deductible expenses.
Blake Grzybowski
Can't find Pre-Foreclosure Properties
15 December 2024 | 8 replies
Curious if we have to officially wait till trump is president or if some banks have already started the process.
Azita Nejaddehghan
New Member, Live in the DMV!
11 December 2024 | 11 replies
Quote from @Azita Nejaddehghan: Young adult, working in health care, living in Virginia (just outside of DC).
Garrett Karnath
How to reduce prepaids/closing costs?
10 December 2024 | 5 replies
My wife and I are officially under contract with a new primary residence, with the goal of moving and then turning our current home into a rental.
Harrison Jones
Building a Long-Term Affordable Housing Strategy
31 December 2024 | 20 replies
As the portfolio grows, we’ll be able to implement gradual, strategic adjustments to rental rates, particularly for tenants in need, without undermining the overall financial health of the endowment.Phased Returns for Investors:Investors will be repaid through a combination of rental income and profits from other high-yield activities, such as property flips, during the early phases of the project.
Jonathan Greene
What are your real estate investing goals for 2025?
30 December 2024 | 103 replies
This subdivision will take about 5 years to sale.A State mental health facility closed in our town.