Zachary Young
Where To Buy My First Rental Property
30 January 2025 | 56 replies
Everybody who invests in Southeast Mexico, including myself, knows that the typical property doesn't offer ROI upwards of 10%-15% but way less.
Robert Bishop
I am 16 trying to get into real estate and have 200k
10 January 2025 | 28 replies
Just a follow up question, were you utilizing debt to invest, I have always been taught since a young age to try and not utilize debt (I come from a family of stock market investors, traditional business owners) where debt is not utilized as frequently which I obviously understand debt can be a very powerful tool and utilized in a great way its just something I want to avoid with my investments to an extent any suggestions for investing without debt or as little as possible.
Michael Almand
Paying a contractor for a scope of work
28 January 2025 | 9 replies
What do contractors typically charge to come out to a potential property and walk through and fill out a SOW with pricing?
Tara Jenkins
The Cycling Mermaid
30 January 2025 | 1 reply
It is very competitive but if you utilize good resources and think smart you can do really well!!
Jack Sarcia
I sell bank foreclosures...ask me anything!
30 January 2025 | 5 replies
In 2020, it came to a near complete stop.Banks go through the foreclosure process typically taking 4-8 months.
Britt Griscom
Cost Segregation
21 January 2025 | 3 replies
Britt,My firm has evaluated some smaller properties (under $500k) in the past for cost segregation, and it generally does not cost justify moving forward, since the benefits are small, and typically the tax liability on the income is minimal if any.
Peter Neill
From PPR Note Co. to GSP REI: Finding My Freedom Raising Capital
27 January 2025 | 6 replies
I would set up calls and then sit in and listen, every day, typically a few times a day for around 6 months.
Joe Gellenbeck
New to Investing - Excited to Get Started!
21 January 2025 | 18 replies
@Joe Gellenbeck Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
David Williams
Capital gains question
1 February 2025 | 12 replies
Massachusetts has a 5% state LT capital gains tax, but it generally follows the federal exemption rules.If the home was a rental property, the exclusion does not apply, and you may also owe depreciation recapture tax (typically taxed at 25% for federal).
Andrew Wade
Starting Out in Real Estate Investing
21 January 2025 | 4 replies
I would like to purchase my first property sometime next year, utilizing this year to learn and network as much as I can.