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Results (10,000+)
Carol Lam Wealthability program testimony?
29 May 2024 | 27 replies
In the second consultation where I was quoted a fee of $24,750, I was told because the team is so confident that they can reduce my taxes several times over, they are willing to offer me a 100% satisfaction guarantee. 
Brett Riemensnider Offer Accepted on First Rental Property!
28 May 2024 | 15 replies
They can reduce utility costs and make the property more attractive to eco-conscious tenants.4.
Mitchell Rosenberg Pros and Cons of Buying a Fixer-Upper in Today's Market?
28 May 2024 | 2 replies
Less Competition - High-interest rates and market uncertainty may deter some flippers, reducing competition for distressed propertiesMarket Demand - In some areas, there remains strong demand for renovated, move-in-ready homes.Price Negotiation - Sellers of distressed properties may be more willing to negotiate in a high-interest rate environment.Cons:High Carrying Costs - High-interest rates increase the cost of borrowing, which raises your holding costs (interest payments, taxes, insurance, utilities).Market Volatility - Real estate markets can be unpredictable, and high-interest rates may lead to slower home sales and declining prices in some areas.Renovation Risks - Unexpected renovation costs and delays are common risks in any market, and high-interest rates exacerbate the financial impact of these issues.Financing Challenges - Securing financing for both the purchase and renovation can be more difficult and expensive in a high-interest rate environment.Mitigation Strategies:Thorough Market ResearchAccurate BudgetingEfficient Project ManagementFlexible FinancingExit StrategyFixing and flipping properties in today's market can still be profitable if approached with caution and thorough preparation.
Elvin William Help with hiring family members tax benefits
27 May 2024 | 7 replies
Certainly paying them a wage or fee reduces your rental income... but then they have to recognize that income (perhaps at a lower tax rate?).
Gayle Eisner Raising Rent on a 30 day tenant
28 May 2024 | 7 replies
Too often we see Landlords keep rent down to reduce headaches, only to find out later that they can't raise rent due to rent control regulations. 
Michael Italia AI & ChatGPT
28 May 2024 | 8 replies
Today, ChatGPT greatly reduces the time to create quality content.While ChatGPT and similar AI tools are not magic, they are very powerful.People wonder whether AI will replace their jobs.The simple answer is no.
Julio Gonzalez Does recapture diminish the value of a cost segregation study?
28 May 2024 | 0 replies
By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow.
Sarah Ali What strategies do you recommend for the following budgets?
28 May 2024 | 3 replies
Instead of investing in real estate, consider investing small amounts in a mutual fund or some other simple investment while you focus on increasing earnings, reducing expenses, and saving up for real estate investing.You can also network with other investors and find ways to invest your time in exchange for experience, maybe even a partnership.
Daniel Kim What to do with 2 million
29 May 2024 | 21 replies
This also doesn't factor in that you may have to reduce the rents of the existing tenants since they are paying based on certain circumstances (IE access to the garage or yard space). 
Tyson Scheutze Insights from IMN: Single Family Rental Forum East
28 May 2024 | 6 replies
.- Machine learning models are helping to reduce risks.- Reverse migration to Rust Belt is occurring based on affordability issues elsewhere.- Scatter site is a defensive asset offering a lot of optionality.- Market conditions are challenging for scatter site hold unless you are underwriting a 10-year hold.- Setting up operations for SFR from scratch is very difficult.- One investor is buying at cap rates in 5s or 6s.