Engelo Rumora
ATTENTION PROPERTY MANAGERS ‼️ I Need Your Help
1 August 2024 | 71 replies
Agreed mate,I have no idea why they are even considering hiring a property manager.We will send them out terms and I'm sure they will bulk at them.But it is what it is.I learnt a long time ago that you must be willing to say "No" to good opportunities so that you can say "Yes" to great ones.I'm also proud of the team as this would be a chunky commission for Sean but even he isn't for taking on this business under current terms.
David Ptak
General Partner on Motel Investment has gone silent!!!
23 July 2024 | 17 replies
I participated in an investment in a motel property under the Brand "Extend-a-Suites" in El Paso, TX.
Don Konipol
When Does Owning A MHP Make Sense?
23 July 2024 | 12 replies
Create a community where people are proud of where they live, have a sense of community with friendships and make alot of money at the same time.We started with a couple parks that had majority POH's.
Mitch Conrad
Syndication vs Private Fund LLC
22 July 2024 | 22 replies
@Mitch ConradThe other option is for them to do a participation agreement between each other.
Jeff Mosleh
Real Estate Meetup Groups
23 July 2024 | 18 replies
I would be interested in participating in your Long Beach monthly meeting.
Luis Arguello
Strategies to reduce taxable income while deploying capital to build wealth?
21 July 2024 | 10 replies
Similar green energy investments could be considered if you can make the numbers work (credits on some types of low income housing can be north of 50%).Depending on how long these properties have been held, they could consider implementing cost segregation studies via a change in accounting method to accelerate some depreciation.The operating proceeds could be re-deployed into new properties where cost segregation is an option to accelerate depreciation to offset proceeds.If the properties are low basis and we are not maximizing the 199A deduction, maybe considering an S-Corp structure for management to be able to participate in retirement plans and also generate wages to use as a 199A base.
Chuck B.
Has anyone taken Phillip Vincent's program - Mom's House?
24 July 2024 | 46 replies
I am hesitant to participate in this program because it is a hefty start up cost and there is very little feedback or reviews on this program.
TJ Woolum
Online Gurus - Tom Cruz (Section 8) and Nate Barger (BRRRR Invest)
21 July 2024 | 16 replies
I have helped a few get past 250 sfr's so proud of that.
Gino Barbaro
Where Do You Think People Fail When Not Achieving Financial Freedom?
22 July 2024 | 71 replies
I always worked for small businesses and never had the opportunity to participate in any form of a retirement fund.
Sarah DeMamiel
$400,000 To flip or to brrrr? Or both?
21 July 2024 | 64 replies
it was a great project, i'm proud of it, i took a house built in 1900 that wasn't livable and brought it back to life, and i made a little bit of money... but it wasn't worth the time i put into it.