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31 January 2025 | 0 replies
Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.
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11 February 2025 | 7 replies
But as long as it's marketed properly and not way over market price, you will get a decent amount of prospects and should rent it out within 2-4 weeks.
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10 February 2025 | 5 replies
Can I walk into offices and leave a flyer for everyone in the office to read and set up zoom meetings with those people to go over the details further?
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29 January 2025 | 10 replies
Because for a certain type renter it’s just SO easy to continue renting fully furnished rather than having to spend $20-40k on furniture; come up with a down payment on a house purchase; and or worry about repairs and maintenance.
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31 January 2025 | 3 replies
Over time, I’ve built a network of 20-30 clients who are always eager to explore new opportunities, and right now, real estate is at the top of our list.I’m diving deep into how to best use $150K-$200k in 0% interest business funding for real estate investments.
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7 February 2025 | 9 replies
I shot over a DM, would love to connect and see if I could help.Good luck!
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7 February 2025 | 10 replies
This morning I evicted an inherited tenant in a building that I"ve now owned for just over a year.
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4 February 2025 | 8 replies
There is one other explanation, being over extended.
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6 January 2025 | 3 replies
Spend the time, make the effort, and (hopefully) reap the rewards.
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27 January 2025 | 1 reply
So over the next year, assume interest rates are going to drop in 6 months to a year.