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23 February 2025 | 4 replies
Raise fees on building permits, give tax credits on renovations.Suburban sprawl really hasn't been a good thing for the US.Of course, it's all about supply & demand.But, if you can figure out why more people want to live in Hazel Park (leading to teardowns & rebuilds) versus south Warren or Eastpointe (nothing happening) then you can make millions.
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15 February 2025 | 5 replies
Also, the credits are "use them or lose them" - meaning, if you pay $12k a month for a 100,000 skips, then you have to use them all that month.
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20 February 2025 | 8 replies
For example if I sold my business then used the proceeds to acquire another one or several?
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13 February 2025 | 6 replies
A scope of work is easy to generate for a baseline then do add on’s to the scope you need customized for your exact preferences.
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18 February 2025 | 4 replies
If you're wanting to use leverage to buy more properties, then once your credit is around 680+, one strategy would be to cashout refi your current property at around 50% LTV.
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19 February 2025 | 6 replies
If you're looking to save some time shifting through properties, our company, Winnow, automatically scans and analyzes every newly listed property and then sends you the ones with potential.
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9 February 2025 | 2 replies
If you have ever learned something important by trial and error, then you can probably understand the frustration that you feel when you make a "rookie mistake" or a simple error that creates a big negative result.
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10 February 2025 | 22 replies
I'd simply explain they can use Zelle until the renewal, then the portal will be the preferred method.
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10 February 2025 | 1 reply
Quote from @Melanie Baldridge: In 2025 the bonus depreciation rate is 40%.This means that if you bought a property for $1M in 2025, did a cost seg study and found $300K in eligible assets that you could depreciate, you could take 40% of that $300K as bonus depreciation to offset your income in the first year.40% of $300K = $120K.You then apply that $120K to the owner’s personal tax rate to find the final amount that they can defer in year 1.If your tax rate is 37%, you can defer $66.6K.This is a big deal even at the 40% bonus depreciation rate this year.It’s a massive benefit
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9 February 2025 | 4 replies
If they do need financing, then speak with your lender about their new build financing options.