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10 January 2025 | 16 replies
I'll echo Zach here a little to give my own perspective if it helps.- It's very difficult to argue about travel being a business expense if you're just going to look at properties, I would argue against it in a majority of cases.- Depends on what you're doing specifically, but usually I'd recommend getting an EIN at least to give access to business bank accounts- Repeating #1, if you're going to a property and 100% of your time is spent doing renovations and the like, sure, but if any of it is for personal benefit, that'd be disallowed.
6 January 2025 | 1 reply
Every investor has their own path, and hearing different perspectives will only enrich your journey.Challenges in Real Estate Investing:Finding deals: In competitive markets, it can be tough to find good deals that make sense financially.Capital and financing: Finding funding, especially as a new investor, can sometimes be challenging.Dealing with tenants: Managing rental properties and dealing with tenants can be tricky, especially with issues like late rent or property damage.Market risk: Real estate markets fluctuate, and external factors (like economic shifts or local development projects) can impact property values.I’d be happy to continue the conversation if you want to dive deeper into any of these topics!
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11 January 2025 | 49 replies
I manage a bevy of STR properties in Costa Rica and from a yield perspective, things have definitely started to return to normal as far as revenue generation goes.
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25 January 2025 | 17 replies
I would like to offer a different perspective on RTR Academy based on my experience, which, unfortunately, has not been great so far.
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3 January 2025 | 12 replies
A fresh coat of paint can do wonders along with cleaning the carpet or using something like rejuvenate on laminate floors.
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3 January 2025 | 0 replies
Here’s a deeper dive into what’s shaping rental trends:Would love to hear your strategies and perspectives, especially if you’re active in the Columbus market!
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4 January 2025 | 2 replies
With that in mind, you should have a decade or more perspective when you buy.
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7 January 2025 | 2 replies
You want to make sure the seller is getting their fair side of the deal but especially from a tax perspective, there are ways in which you can make it very lucrative for them.
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9 January 2025 | 32 replies
There’d need to be a lot of rehab work/managing that would require you to put in that many hours.From a financial perspective, it seems like the highest leverage way to keep buying more properties is leveraging your W-2’s and then being work optional.
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13 January 2025 | 15 replies
My perspective was from a small business private lender rather than RE lending, but the mechanics were largely the same.