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12 February 2025 | 75 replies
That is a very dishonest way to operate your business, and will get you a bad reputation and lose you money.
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9 January 2025 | 0 replies
Target ReturnsWhile target returns are crucial, these should be discussed only with investors—not brokers or others helping you find deals.Sample Investment CriteriaHere’s an example of well-defined CCC:Location: Primary and secondary cities in the Southeast with population growth.Type & Class: Class C garden-style or walk-up workforce housing with repositioning opportunities.Age: 1980s construction or newer (case-by-case for older).Price: $5M–$12M, requiring $1.5M–$3M in funds.Size: 100+ units.Cap Rates: Market rates.Roof Type: Pitched roofs preferred.Value-Add: Opportunities for improvements or better management.Why This MattersBy creating crystal clear criteria, you:Avoid wasting time on deals that don’t align with your goals.Build trust with brokers and partners by demonstrating a focused investment strategy.Increase your chances of finding deals that meet your financial and operational objectives.I'll be posting each chapter as I go through them so you can follow along from my notes and we can discuss different strategies.
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6 January 2025 | 8 replies
LPs vet the operator first, not the deal.
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4 January 2025 | 11 replies
The issue with section 179 expense is that you normally have to operate at positive income.Under most circumstances, bonus depreciation is better since you can take bonus depreciation even if you operate at negative income.
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9 January 2025 | 16 replies
Currently operating in 10 different markets across the Mid-south and Southeastern regions and would love to connect with you on what your goals are.
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7 January 2025 | 0 replies
We operate a real estate, mortgage, and property management firm dedicated exclusively to Short Term Rental Investments.
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27 January 2025 | 21 replies
You get an operation running well and then you can be benevolent.
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6 January 2025 | 2 replies
By the most important thing (if that's what you're doing) is to have a really good operator who knows the laws, has experience and is above board so they won't leave you high and dry.
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12 February 2025 | 27 replies
While there are certainly opportunities for finding trades and deals in these areas, they’re often pursued by local, mom-and-pop operations.
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6 January 2025 | 5 replies
Any luck on motivating realtors in the area to actually get operating expenses/lease agreements for Jackson County specifically George?