13 May 2024 | 6 replies
I only mention this number because at $150k AGI, the active investor allowance enabling one to deduct $25k in losses from active income disappears, as I understand it.My current portfolio:Condo (purchased in 2021 w/ 5% down)Single Family (purchased in 2022 w/ 5% down)Multi-family primary residence (purchased in 2023 w/ 15% down)Above-garage apartment and detached ADU are rented out.
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15 May 2024 | 12 replies
I am immensely grateful that the pandemic, in its own peculiar way, presented me with the opportunity to save money and devote time to rectifying my credit score, ultimately enabling me to pay off all my debts within the span of that very year.Emboldened by this newfound financial stability, I ventured into the realm of real estate by earnestly exploring available condominium options in Las Vegas, Nevada.
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15 May 2024 | 17 replies
I wish I listened to my teacher when he made us read it in highschool!
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15 May 2024 | 11 replies
I will say experience is a big teacher in this industry - when I was new I didn't know sh*t about "fixing" properties.
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13 May 2024 | 19 replies
In the remaining 30% both the land and improvements are owned by a third party real estate investor, McDonalds is the master lease tenant, and subleases to the franchisee at a 40% markup.However, the thing to realize is that all this real estate profit is enabled by the fact that the operating system is so successful.
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11 May 2024 | 6 replies
Cold calling enables you to reach a broader audience, but success often hinges on sheer volume and taking a lot of no's.
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11 May 2024 | 4 replies
I am a high school teacher in Colorado and I am always looking to help young people get started in real estate investing or help in any way I can.
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10 May 2024 | 0 replies
Strategic partnerships and alliances have enabled industry players to pool resources and expertise, ensuring the success of new projects in a challenging market.As we look towards the future, it is clear that the “Missing Middle” will continue to be a focal point for residential construction and development in the southeastern US.
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13 May 2024 | 79 replies
Engineer, accountant, teacher, management and attorney are the careers most likely to produce millionaires.
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10 May 2024 | 7 replies
Allows us to offer more services and enables my team to do more.