
13 November 2023 | 2 replies
Instead of merely using wholesaling profits for personal income, strategically allocate a portion of your earnings towards building relationships with private lenders or becoming a broker yourself.

12 November 2023 | 14 replies
Look at cars, look at groceries.Best bet is to raise the deductible and increase your allocation of reserves.

14 November 2023 | 7 replies
There are a fair number that allocate "ownership" to the GP as their carried interest.

31 July 2017 | 72 replies
Another thing to consider: If you're buying one deal with cash, you should be able to cherry-pick a heckuva lot better deal than if you need to buy three, or six, or ten to allocate your targeted capital.My last thought: You're not quite a rookie, but close.

1 August 2022 | 13 replies
Do you know how they allocation monies for the ADU structure?

14 November 2023 | 3 replies
Allocating via the tax assessor % is one way, but there are other more beneficial ways your tax professional could help you with. 2) This might not be necessary depending on your income projections and participation level in the property.

7 January 2023 | 161 replies
I bet that this means that there may be less turnover, less CapEx and maintenance allocation needed, and perhaps lower property management fees.

24 April 2021 | 38 replies
You should allocate monthly expense (~10% rent) for a Property Manager for all investment properties, even if you think you want to Manage them yourself.

20 September 2023 | 46 replies
You allocate a set amount of cash to each category and only spend what's in the envelope.Investing for Retirement:Once debts are paid off and a fully funded emergency fund is in place, Ramsey advises individuals to invest 15% of their gross income in retirement accounts like 401(k)s and IRAs.Debt Snowball Continues:After building retirement savings, the Debt Snowball continues with a focus on paying off the mortgage, aggressively tackling this long-term debt.Insurance:Ramsey advocates for adequate insurance coverage, including health, life, auto, and home insurance, to protect against unexpected financial setbacks.Avoiding Whole Life Insurance:Ramsey strongly discourages the use of whole life insurance policies as an investment vehicle, preferring term life insurance for its simplicity and lower cost.Home Buying:Ramsey advises saving a substantial down payment (at least 20%) before purchasing a home.

24 November 2023 | 2 replies
The owner of the building at the time of improvementsFor public buildings, the deduction may be allocated to the architect, environmental consultant, contractor, energy services provider or engineer.Is there a specific time frame for when the property must be placed into service?