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12 January 2025 | 12 replies
We’re really best suited for those high income earners out there with strong investment experience and cash positions to literally take the reigns and create a strong cash flow product and tax write off for them with minimal time spent on their part.
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20 January 2025 | 22 replies
Focus on building a strong local team, researching neighborhoods thoroughly, and considering turnkey properties if you're new to minimize risks.Good luck!
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10 January 2025 | 6 replies
I am more so looking for turn-key properties or something with very minimal updating needed.
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27 January 2025 | 14 replies
To minimize time the property is vacant, have the Realtor coordinate with the existing Tenant for the last 30 days of their occupancy for showings so you have the best possible chance of securing a new Tenant without a break in between.I would love to know some of the details of your property, and do a rental rate check up to confirm you have the right price.
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21 January 2025 | 59 replies
Ok, that could be as minimal as literally hours per year, like <10 per property.
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3 February 2025 | 27 replies
Also, I'm stuck with out-of-state investing which brings a whole series of risks with minimized financial upside (in my opinion)
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18 January 2025 | 21 replies
If you plan to use cash to finance your acquisition and rehab expenses, this will help minimize risk exposure to a certain degree.
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2 January 2025 | 3 replies
This allows new investors to gain experience while minimizing risk and maximizing returns right from the start.
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12 January 2025 | 23 replies
If it was easy to take $1k and turn it into $10k easily with minimal work and sacrifice like the guru's say, then we would be the richest country in the world.
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8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.