Hello Bella, if you need sources of money for your wholesale properties feel free to reach out, we offer wholesale pricing, so you could add an extra 1% to your wholesales by participating on the loans as well.

What do you think about my other strategy of doing seg study and bonus depreciation on all my rentals for the year 2023 (have not filed it yet) to do the following:1- To get a bigger loss carried forward to 2024 to offset the sale of 3 properties instead of 2 in 2024. 2- Or, Since I married a realtor this year 2024 (and we passed the IRS active participation test together), I can activate that loophole, use whatever loss (bigger lost if we can use the seg study) is left over from the sale of the property to offset my high  W-2 wages (way over the $150K threshold) in 2024. 

Partnering with a good property management company can help you handle the distance, but be careful with tax’s material participation rules if you expect tax savings.Sticking local is convenient, but branching out might give you better opportunities to meet your financial goals.

Jonathan, do you participate in other markets in Greenville?

This is not the time to invest, it is the time to research and have negotiations down for when the pandemic is over.If you are more of a developer there is affordable housing projects that makes sense to participate or build with a group as more people need affordable houses and regrettablely a high percentage will have to "downgrade"Vacant land is usually a good long term business.

I am a Spaniard investor as well here, based in Barcelona.Would love to participate in the group!

This way, others can participate at their own comfort level and enjoy the community’s shared experiences without feeling pressured.

I have never participated in it.  

This can actually be higher or lower than the FMR without utilities however the rent still should be no greater than FMR (note that in periods of low landlord participation, some housing authorities may offer an incentive of 10-20% OVER the FMR to entice landlords. )  Step 3 is that each property may qualify for a different amount based on amenities and type of utilities. 

Per the Participation Agreement all insureds sign, we are a monthly reporting program and are required to provide a 30-day notice outlining any coverage or cost changes, which was sent via email.