5 November 2024 | 14 replies
Disclaimer: I'm probably biased because I've lived in Indianapolis for the last 5 years :)If you're set on BRRRR, I'd recommend higher-quality neighborhoods in suburbs of Indy like Zionsville, Carmel, Fishers, Noblesville -- they tend to attract higher-quality residents have less crime, and have less surprises than some of the 60-100 yr old homes inside the I-465 loop.
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4 November 2024 | 4 replies
We have not done anything on the land yet because its very far from all our primary residences and does not have basic things like a well paved road and a water source.
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7 November 2024 | 45 replies
Not sure they can qualify easily again.
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6 November 2024 | 13 replies
Take advantage of the need to get new residents more frequently than an LTR by experimenting right after you've filled a listing: change up the description on your platforms, try a new platform, raise the proposed rents, or practice reaching out to those "bad leads" of FF.
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1 November 2024 | 0 replies
Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.This provision allows taxpayers to expense certain qualifying assets upfront instead of depreciating them over a period of years.However, there are several factors to consider when using this tax tool.Let’s break down how it works:What Is Section 179?
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8 November 2024 | 22 replies
I decided to run IRR (Internal Rate of Return) calculations for the SFR (single-family residence) investing in order compare with the IRR targets I see proposed by syndication operators.
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2 November 2024 | 8 replies
I did qualify I quit my job last month to focus more on real estate investing, and I want a GC license so I can contract my own builds.
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3 November 2024 | 2 replies
I have excellent credit, $100k in savings, the lot value to use as collateral and about $500k equity in my primary residence.
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3 November 2024 | 3 replies
Chandler doesn't have much inventory in the way of 2-4-plexes as that area is a suburb of Phoenix and is almost exclusively single family residences,with apartment complexes sprinkled throughout the area.
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4 November 2024 | 26 replies
I am a little frustrated at how maybe people suggest syndication because most syndication requires you to be a accredited investor, which not everyone qualifies for, especially younger investors.