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24 January 2025 | 0 replies
You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.
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23 January 2025 | 2 replies
Many of the estate properties are located on lakes or rivers providing unique recreational activities.
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15 January 2025 | 15 replies
I've added a few things for very minimal cost that guests really love and increased revenue ~34% year over year.
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21 February 2025 | 182 replies
Until this point, I had nothing but great experiences with Norada's referrals in other markets, so I put my trust in them here as well.As a veteran, I saved the money for these investments during my time on active duty and while working as a contractor in Afghanistan and Iraq for over five years.
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5 February 2025 | 38 replies
Ron Fossum, Norada Capital Management’s cleverly concealed CFO, was barred by the SEC in 2018 for similar fraudulent activities to those he appears to be engaging in now at Norada Capital Management.3.
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18 February 2025 | 15 replies
I’d recommend starting by connecting with local investor groups and networking with other professionals in the area.Also, seek out teams that are actively investing and managing properties on the ground.
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26 January 2025 | 30 replies
Cash for keys is definitely the best way to get people out in the day when I was very active at court houses steps cash for keys was by far the best way to get folks to move and bad tenants in a state with bad eviction laws to me would be the preferred method. you simply pay them when they are leaving the house not before.. that works fine and you give them more than 1k .. you make it worth their while..
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23 January 2025 | 5 replies
Many opt for other investing methods in their SDIRA like private lending, crypto, private equity...anything except collectibles and life insurance.Note that a Solo 401k is exempt from UBIT on leveraged real estate so if you have self employment activity and no full time employees save for you and your spouse you should consider the Solo K as an option.Â
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16 February 2025 | 44 replies
People voting on that are either crazy or stupid ...And that totally incorrect post on this thread STILL gets upvoted, and STILL has the most upvotes.And people wonder why I am less active on BP ...Â
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31 January 2025 | 29 replies
It's been a long-time dream to do a new build and so I'm actively working to find land and begin the process.I agree that the profit margin you post seems very small.