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31 December 2024 | 418 replies
This was buying dead brands where PROFESSIONALS in those particular industries in question couldn’t avoid bankruptcy and every single major brand in those industries failed to bid even a minimal amount to buy those brand names - because they knew those brand names were worthless.
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9 December 2024 | 20 replies
And of course the appreciation can come a few ways if rents really rocket up.. but most rents in low value assets stay pretty stable and or there is major re gentrification like we experienced in Charleston SC .
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8 December 2024 | 0 replies
When you work a 9-5 job, you typically rely on colleagues assigned to you.As an investor, you have the OPPORTUNITY to assemble your dream team of professionals who share your ambition and can help you achieve your financial goals.
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10 December 2024 | 5 replies
I read this last night from “The Book on Rental Property Investing” by Brandon Turner: Break even on cash flow or lose money on cash flow, and you are on a path to financial ruin.I’ll repeat myself one last time: Buy rental properties that offer cash flow today.I’m interested to know whether experienced investors Agree/disagree and why?
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9 December 2024 | 1 reply
Readers should seek professional advice.
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10 December 2024 | 5 replies
Call the Bureau of Professional Licensing to ask: (517) 241-0199
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10 December 2024 | 1 reply
Build an SMB on top of your real estate (the reverse of #2)Short-term rentals and high owner-participation real estate businesses can have great returns.Obviously not for you if you just want passive RE.We are in the deep end here, where each case should be judged on its own facts and merits by your CPA.You should hire a professional to review your particular situation before you make an investment.
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10 December 2024 | 3 replies
Also navigating town hall, we learned who calls the shots and who just thinks they do.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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11 December 2024 | 15 replies
Or maybe there's a special sauce for sloppy tax professionals?
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11 December 2024 | 29 replies
Maybe even less for reasons I just touched on.I'll spare some of the moral and ethical opinions on this, but I do feel we as real estate professionals, investors, and landlords also have an obligation to help provide housing to everyone.