20 August 2024 | 4 replies
House hacking in Fort Collins allows you to offset mortgage costs, build equity faster, and potentially generate additional income, all while taking advantage of the city's vibrant rental market.
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20 August 2024 | 24 replies
Even the lead generation: your pitch has to be right, trustworthy and not too aggressive, but strong enough.
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19 August 2024 | 13 replies
- Current income- Hope of price appreciation- Vacation home to go to- Future retirement home- Store of value/hedge against inflation- Generational gift to the family- Alternative to traditional retirement investmentsI'll go first.
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20 August 2024 | 16 replies
Compete on photos/amenities/good reviews; put all of your energy there.
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21 August 2024 | 5 replies
You may generate money in real estate investment by educating yourself, starting small, then expanding as you acquire expertise, particularly in low-cost regions.Good luck!
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20 August 2024 | 28 replies
Haha it’s not as bad as you think but that is a renewable energy source.
19 August 2024 | 5 replies
Hello, I am trying to choose a service for my lead generation, comps, property lookup, skiptracing, etc. and was wondering if anyone here has any preferences when it comes to batchleads, propstream and property radar.
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21 August 2024 | 10 replies
Are you seriously posting ChatGPT-generated content.
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21 August 2024 | 7 replies
Do not put rental properties in an S Corp.Generally, you should have an S Corp for flips, property management operations, commissions and any other activities that generate ordinary income.Passive investments should be held in pass-through entities like partnerships.I'm not an accountant, but I have clients and personally had to pay taxes to move long-term holds out of S Corps just to change title (e.g. for refinancing).
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21 August 2024 | 73 replies
1) With rent control, it keeps inventory low, thus high appreciation for rents.2) Higher dollar appreciation. 3% increase on a $1M value is higher than a 3% appreciation on a $100,000 value. 3) Same as #2 but with rents.4) Because of the above, you could argue that you are generating a higher net worth faster. 5) Expensive markets like LA, NY, and SF can be great for house hackers.6) Because I first bought in LA and then bought a second house hack, I have been able to leverage business partner, HELOCs, and a 1031 exchange and now have 15 doors between four states and I haven't had to put a down payment of my own money (or at least BRRRR and got my money back).