Troy Zapp
Looking to make a better financial future
23 July 2024 | 5 replies
I hope to gain knowledge and experiences along the way (hopefully with more triumphs then mistakes if the knowledge was implemented correctly).
Antoine Philidor
Trying to learn more by doing
22 July 2024 | 1 reply
Only choose one or two investment strategies to implement and learn as much as you can about them (picking multiple strategies will only lead to analysis paralysis and cause headaches, which will likely lead to no action taken).
Keon Shoulars
Should I Raise Rent
23 July 2024 | 15 replies
You don’t want to get caught below market when your city/state decides to implement rent control mid-lease and trap you below market forever. 4) I’ve never raised rent less than $25 (already at or above market.) or $50-100 (5%) if even slightly below market.
AJ Wong
Can you close your STR investment property in an LLC? Hint: The short answer is yes.
22 July 2024 | 9 replies
I used to work for a large regional bank and I don’t recall us ever implementing this option.
Vitaliy Hayda
Land search with GPT-4
21 July 2024 | 5 replies
Instead, any alterations would need to be implemented within the existing code.Therefore, unless you're willing to hire me to modify the tool's coding, I wouldn't be able to assist in updating the code to suit your needs.
Luis Arguello
Strategies to reduce taxable income while deploying capital to build wealth?
21 July 2024 | 10 replies
Similar green energy investments could be considered if you can make the numbers work (credits on some types of low income housing can be north of 50%).Depending on how long these properties have been held, they could consider implementing cost segregation studies via a change in accounting method to accelerate some depreciation.The operating proceeds could be re-deployed into new properties where cost segregation is an option to accelerate depreciation to offset proceeds.If the properties are low basis and we are not maximizing the 199A deduction, maybe considering an S-Corp structure for management to be able to participate in retirement plans and also generate wages to use as a 199A base.
Sejin Kim
2 bed 1 bath worth it?
22 July 2024 | 9 replies
Typically speaking a 2 bedroom will bring in more if all other metrics are the same (i.e. location and amenities).In saturated and competitive markets I really do not like 1 bedroom or even 2 bedrooms as the barrier to entry is low and you will always have a lot of competition, and you are even competing with hotels at that point.Also building HOA's are scary, and Florida implemented the milestone inspection which means special assessments in most cases.Without diving deeper on all the numbers I cannot it will not make sense, but in my experience it will not make sense more times than not and it is risky.
Jay Hinrichs
national rent control
22 July 2024 | 120 replies
HUD doesn't have the ability to implement rent control anywhere other than government owned or specific government financed housing.
Rehaan Khan
Thoughts on finding great attorneys for creative deals?
21 July 2024 | 4 replies
Just some food for thought on your hunt for the Red October.Are you looking hire an ttorney To teach you creative strategies And recommend Creative strategies to you, or are you looking for a chain dog to implement your creative strategies?
Arron Paulino
Typical Rehab Budget for Live-In Flip
24 July 2024 | 10 replies
There is nothing wrong with waiting for the right home as it always comes up is what he suggested so I really need to be patient and trust the process.That is similar to the strategy I am implementing so we are prepared for the right purchase.