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19 February 2025 | 88 replies
All of this at $0 cost, just some time, energy and effort.
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10 February 2025 | 31 replies
We reduce the number of investment properties to consider by about 99.6% using our data mining software.
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16 January 2025 | 1 reply
But it's YOUR money, and Real Estate, to put it mildly, is a contact sport).Month 5: Deals & Network (15-18 hours/week)Submit first offersAttend 2-3 REI events monthlyBuild social media presenceKey Goal: First offer acceptedMonth 6: Scale & Automate (15-20 hours/week)Delegate initial tasksEstablish morning/evening routinesCreate follow-up systemsKey Goal: Sustainable weekly schedule🚫 Common Pitfalls to Avoid:Overcommitting earlyNeglecting W2 responsibilitiesSkipping system creationTaking on too many mentor calls✅ Success Markers:Consistent daily actionsGrowing networkClear systemsNo work conflictsSteady deal flowMaintained energy levels👉 Action Steps This Week:Audit your current scheduleBlock 2 hours dailyChoose your power hour (morning/evening)Set 30-day milestoneGeneral Comment: obviously not everyone will follow these suggestions.
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24 January 2025 | 3 replies
Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health) and choose the one that is most “stable” with the best potential for long term tenancy.This advice is contrary to maximization of rental income, but IMO will reduce expenses of tenant turnover, property damage, property management fees so much that the difference in bottom line income will be quite small.
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21 February 2025 | 102 replies
Their guaranteed model was a 65/15 split with guaranteed payments of $2300 total per month.As what happened with user JosephSpear, HomeRoom reduced the rents without telling me.
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14 January 2025 | 3 replies
I appreciate your energy and readiness to learn.
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31 January 2025 | 10 replies
Property management fees and software subscriptions are deductible, and depreciation reduces taxable rental income.This post does not create a CPA-Client relationship.
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18 January 2025 | 2 replies
I would also add, a contractor that you can buy materials for and they know how to put them in with little to know direction (reduces the management time of the project).
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25 January 2025 | 25 replies
Helping you to shield W-2 income, making STRs a great option for high-income earners looking for ways to reduce their tax burden.2.
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7 February 2025 | 14 replies
This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.