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15 January 2025 | 13 replies
Consultants, inspectors, and mentorsProperty managersAssistantsBookkeepers, accountants, and attorneysLandlords if you rent your office spaceYour business partners if you paid them (except if they were strictly lenders)Disclaimer about wholesalers: it is a controversial issue, with some of my colleagues claiming that wholesalers do not need 1099s.
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11 February 2025 | 25 replies
Support has gone down substantially imo while costs have gone up. big issue for us was the announcement lady year that tenant ACH payments were going from free to $2.50/pop, or you can cover it for $1/unit but you have to do all doors and can’t pick and choose (despite there being a beta that they announced, told me I could join, then later told me I couldn’t join bc it was too late and blamed me for not asking sooner when I literally asked right away and followed up repeatedly).
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28 January 2025 | 1 reply
If Bessent follows through on expanding these tax incentives, it could make real estate an even more attractive and lucrative investment option.Real estate accounts for nearly 18% of U.S.
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28 January 2025 | 10 replies
Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.
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22 January 2025 | 5 replies
Follow up outside the activities to ask for business and see how you can serve them as well in their business.Best wishes and good luck.
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15 January 2025 | 7 replies
I do have several S8 rentals, while they are generally performing well, there is more paperwork involved in the leasing and the strict inspections can be quite a pain.
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29 January 2025 | 8 replies
network network network. anywhere there is one in your area go and meet someone and follow up is key after that. there are many good apps to find local RE events
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22 January 2025 | 10 replies
A couple of follow up questions. 1) After the 1031 exchange, and then after the follow on 721 contribution, I own an interest in a partnership held by the UPREIT.
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30 January 2025 | 13 replies
So while I will reach out, follow up, etc., leaving it primarily to the platform's messaging system or texts has worked out so far, reserving direct phone contact for requests or emergencies (which saves time).
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22 January 2025 | 5 replies
I find that regardless of the bank you go to, they often follow the same type of rules and can be stricter; however, some might favour you here or there based on the relationship you would have created with them.- My advice; however, is to work with a good mortgage broker as they often have access to more lenders (B or C lenders) that might be more flexible than the 5 big banks.- Finally where to buy: in general, ON, BC are expensive while AB, QC follows and other provinces, such NB, NS, PEI are much much more affordable.