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5 February 2025 | 6 replies
If it is not adding up, and you can find an attorney specializing in that type of thing, it may be worth paying for a little of their time.
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29 January 2025 | 9 replies
I will back it up with sound logic.
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2 February 2025 | 5 replies
I have over a decade of experience in strategy consulting and in real estate underwriting for new acquisitions and ground up developments.
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31 January 2025 | 0 replies
Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.
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27 January 2025 | 4 replies
Many of them are posers - I smile and nod, knowing that their posing will make an impression on many who dream of quick wealth, and that their incredibly transparent bullsh** will eventually blow up in their face, leading to no lasting wealth and potentially major problems for themselves and everyone associated with them.Many of these students receive referral fees if they are able to sign up other people to the expensive ($5K+) coaching programs, masterminds, mentorships, or tribes.
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28 January 2025 | 3 replies
Beyond trying to connect on this forum would recommend look in the BP Meet up section and checking out local DFW FB RE investor Facebook groups as well as Meetup.com and Eventbrite for local events.
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1 February 2025 | 1 reply
Quote from @Simone Montague-Jackson: You can house hack with up to four units.
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29 January 2025 | 9 replies
This would allow for a longer carry back with up front cash flow.