
14 October 2024 | 9 replies
I'm currently the founder and CEO of 1031 Prime, a tech enabled 1031 exchange service to help keep taxes at bay and support the defer, depreciate, and die model.My goals for the next 18 months are to continue to grow 1031 Prime by servicing my fellow real estate investors and buy a small MF property, Ideally 4-8 units.

17 October 2024 | 20 replies
Ok, I’m sure I’ll get a lot of blowback for writing this but why is there a growing belief amongst the BiggerPockets community that wholesalers are the gatekeepers to good real estate deals and critical to your overall success?

15 October 2024 | 0 replies
Here’s an example of bonus depreciation.Here are some of the current trends that are highlighting the importance of a cost segregation study.Contract Logistics Expansion: Experiencing growth in contract logistic divisions leading to outsourced warehousing and distribution activities.Warehouse Technology Advancements: Integration of AI, robotics and IoT allows for operational efficiencies including reduced labor costs and improved safety.Warehouse Automation Growth: Significant growth signals a need for efficiencies and the adoption of new technology.Warehouse Space Expansion: There are ongoing developments in the warehouse space to help support the growing demand for infrastructure and warehouse space.Robotics and AI investments: There is a demand for faster throughput and immediate fulfillment which is causing investors to invest more into AI and robotics.Cost segregation becomes an even more critical tax strategy as there is an increase in investments in automation and technology as it frees up cash by creating additional tax savings.Some of the financial benefits that a warehouse investor can expect from a cost segregation study include:An increase in cash flow for automationImmediate tax savingsEnhanced warehouse property valueImproved warehouse ROI by reducing tax liabilities and increasing cash flow.There are many items that can be reclassified for accelerated depreciation through the use of a cost segregation study.

15 October 2024 | 2 replies
So, the total parcel should be worth $750,000 - $900,000 before building the new duplexes.My local housing market: In a small city of 33,000 growing at 1% a year, constrained by a housing shortage.

15 October 2024 | 4 replies
Hey David, @David FitchManaging a growing portfolio across multiple multifamily buildings can feel like spinning plates one misstep, and everything wobbles!

14 October 2024 | 0 replies
I sold my rental property to buy my current condo and am available to help investors build & grow their portfolios.

15 October 2024 | 14 replies
A Roth IRA, as I'm sure you are educated on, will grow tax-free and you can withdrawal tax-free in your retirement.

16 October 2024 | 32 replies
Some areas may still be good to invest in even with global uncertainty.Interest Rates – Try to get a good mortgage rate now, as waiting for rates to drop could be risky.Cash Flow – If the rental income covers your costs and gives a profit, it's a good sign to buy.Long-Term Thinking – Real estate tends to grow in value over time, even if there are short-term changes.Rather than holding off, look for deals that make sense for your goals now.

16 October 2024 | 6 replies
Companies like TSMC and Intel are investing billions into new facilities, and it's creating a real surge in housing demand.One of my clients was set on investing in Philly but decided to explore Phoenix after we talked.From what I read in The Wall Street Journal, Phoenix is one of the fastest-growing cities right now.

12 October 2024 | 5 replies
I’m already aware of the popularity of Joshua Tree and Lake Tahoe, so I’m interested in hearing about other markets that are strong performers and investor-friendly in terms of regulations.Does anyone have insights on:Specific cities or regions where the permit process is more straightforward?