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10 February 2025 | 4 replies
I focus on staying engaged, whether it’s through regular check-ins, providing insights without expecting anything in return.In terms of systems, I’ve found that a mix of structured tools and personal touchpoints works best.
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29 January 2025 | 5 replies
I put it back on the market to rent.Now I am having second thoughts about renting it back out and now I am thinking about selling it.I would greatly appreciate your thoughts and insight about these options.Thanks,Hector Lewis
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8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.
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26 January 2025 | 2 replies
HUDuser.org is great for vacancy rates, but cross-referencing with local market reports is important for more context.For job diversity and employers, LinkedIn or regional economic development websites often provide insights.
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23 January 2025 | 9 replies
I understand I'd take a pay cut being an agent for the first few years, but in exchange, I'd be learning about the market and building a network as I move towards Commercial multifamily.
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3 February 2025 | 6 replies
Any advice, insights, or lessons learned that you’re willing to share would be greatly appreciated.
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22 January 2025 | 9 replies
With careful planning and local insights, Richmond can be a solid addition to your investment portfolio.Good luck!
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21 January 2025 | 6 replies
I hope I can get some insight on what to do.
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27 January 2025 | 3 replies
Any insights would be incredibly helpful!
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10 January 2025 | 8 replies
If you want to reach out by DM, I’d be happy to share some insight.