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27 January 2025 | 1 reply
If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.
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20 February 2025 | 32 replies
Its a powerful platform that's free, easy to use, and specifically designed for real estate investors and landlords so I would recommend any savvy landlords to look into it.Some Features:Free and Feature-Packed: Let's face it, nothing beats free, and Baselane delivers serious value without a monthly fee.
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28 January 2025 | 1 reply
Historically, real estate markets perform best when the economy is stable, with steady mortgage rates and consistent demand for housing and commercial properties.
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24 January 2025 | 2 replies
As GPs, we owe it to our partners and stakeholders to keep communication clear, honest, and consistent.
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29 January 2025 | 6 replies
Syndication Reporting IssuesMissing Form 8918 for reportable transactionsInconsistent investor disclosuresRequired registrations skippedWhat Doesn't Actually Matter:(Despite What Your Uncle's CPA Says)Special AllocationsNormal promote structuresStandard waterfall provisionsTypical developer promotesReality: Unless extremely aggressive, IRS rarely caresTechnical DocumentationMinor Ā§704(b) gapsCapital account glitchesTechnical allocation languageTruth: Unless hiding something biggerProperty Value AllocationsNormal basis step-upsTypical appreciation splitsStandard promote calculationsReal World Example:š¢ 100-unit apartment complex4 partners, $5M dealDeveloper promote structure= Zero IRS interestSame Deal With Red Flags:š¢ 100-unit apartment complexHidden partner arrangementsArtificial loss allocationsUnreported debt shifts= IRS AttentionPractical Protection Steps:Basic Documentationā
Clean operating agreementā
Economic substanceā
Partner contributions tracked(Don't need War & Peace complexity)Economic Realityā
Allocations match economicsā
Real money movementā
Actual partner participationClean Reportingā
Consistent K-1sā
Required forms filedā
Clear communicationThe "Sleep Well" Test:Can you explain your structure to an IRS agent without sweating?
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28 January 2025 | 0 replies
Hold for Long-Term IncomeBuffett has held AMEX for nearly 60 yearsHeld Coca-Cola for 35+ yearsSimilar to buy-and-hold real estate strategiesFocus on Cash Flow GrowthBoth AMEX and Coke have consistently increased dividendsJust like raising rents over time in quality propertiesLook for MoatsAMEX: Strong brand and network effectsCoca-Cola: Unbeatable brand powerLike owning property in irreplaceable locationsš” The Real Estate AdvantageWhile Buffett mastered dividend investing, real estate investors can do even better because:We can use significant leverage safelyWe control our asset's improvementWe get superior tax advantagesWe can force appreciation through improvementsWhat do you think, BiggerPockets community?
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27 January 2025 | 29 replies
A good coach will push you to take action, focus on the action that creates traction, stay consistent, and follow through on your commitments.3.
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28 January 2025 | 6 replies
Yes, Oklahoma is a great market to consider, especially for multifamily properties:Affordability: Oklahoma City (OKC) and Tulsa have duplexes and small apartment buildings within a reasonable price range.Landlord-Friendly Laws: Makes property management less stressful.Stable Cash Flow: Properties in Oklahoma often meet or exceed the 1% rule, providing consistent rental income.Growing Economy: Both cities are seeing population and job growth, boosting demand for rentals.Tips for Getting Started:Do Your Homework: Use tools like BiggerPockets calculators to analyze deals and ensure cash flow.Focus on Neighborhoods: In OKC, check areas like Yukon, Edmond, or Midwest City.
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23 January 2025 | 16 replies
My experience with PPR has been consistent with yours, as well as the search to find them. Ā
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21 January 2025 | 4 replies
Are STRs in this area still delivering strong cash flow?