
28 January 2025 | 19 replies
if you buy a long term rental, you may not see true returns for 5 or 10 years (although there are other immediate potential benefits, like passive losses on your taxes).

8 January 2025 | 13 replies
It doesn't cover any loss of income due to your rental being repaired.

13 January 2025 | 7 replies
I just can't accept such a constant ever increasing loss, even if I can afford it.

10 January 2025 | 1 reply
North Carolina, Florida and Tennessee round out the five leading growth states.And, for the fifth year in a row, California reflected the largest net loss of one-way movers, according to the data.

3 January 2025 | 8 replies
But, this will be front-end weighted and gradually slow towards the back half of the year.

21 January 2025 | 31 replies
With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.

7 January 2025 | 5 replies
Recently decided, to invest in a mobile home park but sold at a loss.

10 January 2025 | 4 replies
It's a small place so I'd guess it won't rent for enough to cover your expenses anyway so I'd probably sell, especially if the loss is small, it unless it's in a great neighborhood that you think will do well over time.

20 January 2025 | 62 replies
I’ve been in contact with the Better Business Bureau about them cut your losses and go the other way.

31 January 2025 | 44 replies
This kind of investing is usually short sighted and focused only on immediate returns without taking into considering long term vision and investment.Excellent point about trying to put Class C tenants into Class A properties and vice versa.The first one will create lots of vacancy, deferred maintenance, loss of rental income, increase in evictions etc.