Jonathan Small
Should I Partner with a Successful Wholesaler in a New Market? Seeking Advice
17 January 2025 | 4 replies
I’ve been thinking about partnering with a successful wholesaler and seeing if they will expand their operation to include the zip codes I am interested in.Example: I would like to partner and give money to a successful Detroit or Texas wholesaler and see if they are willing to add my Georgia target market to their operations.Before moving forward, I wanted to get some feedback and advice from those who are wholesalers or who have partnered with wholesalers.Has anyone ever heard or have experience in a partnership like this?
Jonathan B.
STR Depreciation/Bonus Depreciation Question
24 January 2025 | 11 replies
@Jonathan B.Assuming you pass the "material participation" test for 2023 and did not use the property yourself (or used very little), you should be able to treat it as an STR for 2023, including bonus depreciation.
Alan Asriants
Why BRRRR is not an effective strategy today...
31 January 2025 | 44 replies
This also leaves me with $3,750 stuck in the deal (not including financing and closing costs, which could easily add another $20,000).In total, if I had to include closing costs and financing costs, I’d have about $23,000 (if not more) tied up in the deal and lose close to $700/month before accounting for expenses.
Joe Sullivan
My Horrible Experience with Ron LeGrand's Financial Freedom
27 January 2025 | 21 replies
I immediately called Financial Freedom they explained that the $200 was for their "pay -site" which includes a free weekly conference call, etc.
Suzanne Chan
A&M Courtyard Apartments
17 January 2025 | 2 replies
Amenities include, laundry, assigned parking, and wifi available for each unit.
Owen Wang
Becoming a real estate agent
29 January 2025 | 5 replies
I included a link below to your state's association with all the requirement info.Keep in mind that getting into Real Estate is not a cheap adventure.
Annie Anson
How to meet material participation hours for out of state investors
22 January 2025 | 25 replies
One approach that I have not seen included in the discussion is as you are still in the planning phase, you could change your approach and the facts to make it more favorable for your strategy.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
This included all the data from the first 6 months of the year as I did not hire her until July.
Isadore Nelson
Help Non-Paying Tenant Transition Into Section 8 Eligibility?
28 January 2025 | 15 replies
If you are going to offer cash for keys, put it in writing with specific expectations, and include a penalty if she fails.
Gabriel Williams
Hello from Racine
23 January 2025 | 9 replies
I buy and hold and do short term rentals and mid term rentals.Located in Racine Wisconsin Hello Gabriel: I also live in Racine County there are some great deals our way and including southern milwaukee county too!