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8 May 2024 | 0 replies
This hands-on approach enables me to obtain useful information, allowing me to make informed judgments and alter my investment strategy as needed.Analyzing these precise elements of a property gives me vital information about its potential.
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9 May 2024 | 16 replies
Bonus depreciation allows for the immediate expensing of a substantial portion of qualifying property placed in service, including improvements to the property, while increased Section 179 expensing limits enable accelerated deductions for certain tangible property used in the rental business.Hope that helps!
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7 May 2024 | 2 replies
However, it's also a way to give back to the teachers/first responders and could be a good marketing tool.
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7 May 2024 | 7 replies
Hi @Jay Lam, we always require all owners to sign the property management agreement, so I'd recommend going back to you PM and enabling you both to sign.Best of luck!
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7 May 2024 | 24 replies
Buy or inherit and hold all their lives while working the properties for income.I've seen teachers, firemen, software engineers and all sorts of people utilize both strategies successfully.
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9 May 2024 | 159 replies
I get the comfort aspect, but are they bringing the value that offsets their cost, given the availability of tools to enable remote property management?
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9 May 2024 | 65 replies
Taking time to write out a plan, instead of being handed one; self discipline as opposed to having a set of tasks done before my next check in with the "teacher." are probably equally effective if you take two people with the same level of motivation each prepared to invest the same dollar resources in their venture.
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2 May 2024 | 4 replies
I'm eager to hear about any unconventional methods or creative approaches that could enable me to invest in real estate despite my limitations.Additionally, I'm working on expanding my skill set by taking online courses in game development and gaining experience in website design and app development.
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3 May 2024 | 25 replies
It requires an income that enables you to maintain your current standard of living for the rest of your life.
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3 May 2024 | 12 replies
Experience is a great teacher, thank you for sharing.