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Results (10,000+)
Chris Bruce Probate Best Lead Source
25 September 2024 | 96 replies
We will simply look these folks up by name on the PVA.
Karolina Powell First time interested in a larger multi-family - how do I verify financials?
26 September 2024 | 17 replies
You typically do not bring your broker unless they bring you the deal, and if they do that sometimes you may have to comp them When you put in your offer, you simply state the offer is based on financials provided.
Garrett Brown How did you find your go to handyperson?
24 September 2024 | 16 replies
The easiest way that I have found over the years is to simply ask other investors, specifically in your local market.
Kyle Fitch How Long to Reach $ 1 Mil Net Worth
25 September 2024 | 22 replies
Is there a business you can simply push up and increase revenue by a lot to produce the money you want to invest? 
Adi Prasad Seller Financing Advice
24 September 2024 | 8 replies
Unfortunately having title issues is one of the reasons that sellers are sometimes willing to do seller financing simply because they know mortgage companies won't approve without proper title work and title insurance so they have to be more creative in the ways they sell but that can be risky for you as a buyer.If you do seller finance I recommend having very specific terms on HOW payments will be made and accepted and using a professional service like https://www.agecroftcapital.com/ for loan management in the case of any disputes - just my personal rec, not sponsored by BP though I do work for BP :)
Cody Lewis Feedback Needed on Automated Messages
22 September 2024 | 25 replies
My messages will have [short cuts] to information within the listing so when the information changes, I only have to update it in a single location.As a guest, I can't tell you the number of times there are discrepancies between what a host will tell me in a message versus what the Airbnb listing will say.
Maria Murphy Buying NPLs - recos & resources?
23 September 2024 | 13 replies
@Maria Murphy yes correct, simply paying the debt in the owner's name to hacienda (tax office)/government first as part of the purchase at the notary and everything left to the seller.Valencia has worked quite well for us the last years and compared to Barcelona/Madrid the m2 prices are a lot lower.
Justin Brin Will you rent your house for short term rental arbitrage?
22 September 2024 | 41 replies
I would not let some arbitrage my property because I can do it myself and cut them out :)Even if you are not interested you could hire a good local manager and still cut them out.
Melanie Baldridge Bonus Depreciation one of the best parts of RE Tax Code
23 September 2024 | 6 replies
Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.
Mike H. Is right now one of the worst times to be a real estate investor?
27 September 2024 | 66 replies
But right now seems to be the absolute exception to where there simply isn't any obvious play to run with.