
15 October 2024 | 3 replies
What methods are you finding most effective, or what are you hoping to try?

19 October 2024 | 16 replies
The diagram below illustrates this cause-and-effect relationship (click to enlarge).Also, the goal of real estate investing is not to own property.

17 October 2024 | 1 reply
I look at it through the lens of: 1) If I contribute to a pre-tax account like a pre-tax 401k, Traditional IRA, SEP IRA, I get a tax deduction, but now I'm in a partnership with the IRS, but I don't know what I will have to pay them later on in life when I start pulling money out (that is because when you distribute you pay taxes based on your effective tax rate at that time, which can be unknown). 2) With Roth accounts, (Roth IRA/Solo 401k(k) with Roth component), I can get the taxes out of the way on the seed, so I don't have to pay on the crop.
17 October 2024 | 2 replies
.), the location, depth, and capacity of utilities to service the site - including public utilities (sanitary, storm and water services), franchised utilities (power, gas, cable), capacity of the local streets to accommodate additional traffic from your development...Be sure to find out if there are any specific local ordinances you need to satisfy (possible tree & wetland surveys, together with any necessary tree & landscape or wetland mitigation plans) and whether there are any concerns from municipal departments (e.g. hydrant locations from the fire department, storm inlet and retention requirements, as well as asphalt / concrete road requirements from the engineer), entrance requirements from the road commission (left turn and passing lanes at the site entrance), etc.Once you get past all this you can finally prepare a preliminary site plan and enter the political arena to get preliminary site plan approval, and to address any concessions the board and neighbors want from you to overcome their objections to your development.

17 October 2024 | 4 replies
Have all those names first/last, phone, email, address, birthday, anniversary, etc.

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
Hey Kevin, You're correct that in a Roth IRA, the tax advantages of depreciation, such as offsetting taxable income, are effectively lost since the account itself is tax-free.

15 October 2024 | 2 replies
In my opinion, this is much more effective than texting, which often feels like a constant game of cat and mouse with phone carriers.

17 October 2024 | 4 replies
Don't give an address, but talk through hypotheticals.It depends town to town and how grumpy the building inspectors are.

15 October 2024 | 2 replies
In my opinion, this is far more effective than texting, which often feels like a constant game of cat and mouse with phone carriers.it is relativly simple and although costing money it is relativly the more cost effective one.