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9 May 2024 | 2 replies
You need someone who clicks with you personally before engaging in a mentor/mentee relationship with the dedication and stress that may be involved.Where to find a mentorStart by looking within your existing network.
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8 May 2024 | 6 replies
I'm a dedicated, hard worker and team player and would love to join a team where I could learn and be able to grow.
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7 May 2024 | 8 replies
A dedicated team shares a common vision, working together to achieve sustainable success and maximize returns over time.👥 Networking & Relationships: Building relationships is crucial in real estate.
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7 May 2024 | 5 replies
Here's the summary I got from the video - she borrowed from bank for mortgage and rehab:Her first property $55k, fixed up and appraised to $90k ($1300 cash flow)She added 6 more properties to her portfolio in year1 - 2 duplexes ($2k cash flow) + 4-bed house (bought from cash flow and equity from other properties).By year1, she made 6-7k profit / per yearBy year2, she purchased package deals and added more properties with 2-week turnaround on fixing them (with the help of a dedicated contractor(s) who lived in one of the multi unit/room properties)She also did Airbnb and arbitrage.
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7 May 2024 | 3 replies
Remain dedicated to your objectives and keep developing as an investor.By leveraging your skills, passion, and dedication, you're well-positioned to succeed in real estate investing.
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6 May 2024 | 1 reply
I am under contract for my second duplex, and am thinking it will be time for me to begin hiring out lawn care, as I do not plan to have means to transport equipment between properties or dedicate time to a low value task.
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9 May 2024 | 107 replies
I am going to generate enough cash flow that will fund my next 3 purchases dedicated to travel nurses.Â
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5 May 2024 | 2 replies
However, that property is also a dedicated rental and thus I am not sure how the IRS rule would work if you have STR a portion of your primary residence.Thanks all!Â
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6 May 2024 | 23 replies
Over the past six months, I've dedicated myself to studying diligently.
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5 May 2024 | 2 replies
While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.