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5 February 2025 | 9 replies
.- Working a W2 as a firefighter, posting and consuming content- Leaving my W2 to dive deep into real estate investing and working as an agent... and still watching/posting content all while business was ok - Deleting social media apps (one have one on my phone that I use 10 minutes or less a day), diving deep into building my business and skills which have drastically increased due to pure focus and increasing my business significantly- moral of the story... focus on the things you need to do in business (dollar productive activities) and life experiences while reducing consumption will increase your success
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20 February 2025 | 8 replies
In that case, using the cost segregation study this year might not be necessary because the extra depreciation would just increase your loss, which you might not be able to fully use right now.However, you have two options:Use the Cost Segregation Now: This would increase your loss this year, and you could carry forward the unused loss to offset future rental income.
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18 February 2025 | 15 replies
Also due to price increases you can probably cut a better deal on an existing home and probably get better quality too.Normally you'll probably need a couple of years of income to get a loan.
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20 February 2025 | 6 replies
Tenants lease expired, so I offered a new lease with a $25 increase.
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14 February 2025 | 4 replies
Be frugal, have a budget and use your time to increase your income
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15 February 2025 | 2 replies
You may need to increase or decrease the expenses based on your situation.
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19 February 2025 | 11 replies
I would look into an umbrella policy to increase your insurance coverage on both the LLC and yourself.
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9 February 2025 | 8 replies
Listen to Brandon Turner's podcast where someone he interviewed shared how this made a HUGE increase on her income: https://open.spotify.com/episode/1bS4eL80KL1rWY4vyCMjXh?
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19 February 2025 | 17 replies
I would like Lawrence or areas that are starting to increase in value but not as high currently.
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9 February 2025 | 15 replies
@James Landsford That punch list is a lot of work that won't necessarily help with you increasing rents over time.