Caleb Brown
Best Bang for Your Buck?
28 August 2024 | 2 replies
Hi Caleb,From our experience, when flipping properties the most efficient ways to spend your money are the following:Focus on kitchens and bathrooms, as these areas consistently provide the most value for your investment.
Mike Shahi
New construction/capital gains/death of parent- need tax advice
29 August 2024 | 4 replies
@Mike Shahi Selling the home as-is seems the most tax-efficient option.
Vida Lolitaa
Shipping container investment
28 August 2024 | 8 replies
I have maybe 3 or 4 states in mind, I am trying to see where I could move that would be the most cost efficient for me.
Ashley Gamble
HELP! Sellers didn't disclose major issues - unrentable and requires massive repairs
30 August 2024 | 9 replies
They pull any moisture they can get out of the air, so if there are any small cracks or openings to outside air they will just continue running, filling up their tank from the moisture in the outside air and not working efficiently at drying out the space you’re trying to dry very well.
Robby Sanchez
bonus depreciation questions
29 August 2024 | 13 replies
The most efficient strategy ALWAYS depends on your specific situation.
Mike Savage
mid life property portfolio evaluation
30 August 2024 | 30 replies
But you can shape your portfolio to become more passive or cash flow efficient or less exposed to local laws without having to pay the high costs of exit. 1031 exchanges allow you to move from any type of real estate anywhere in the country to any other type anywhere in the country.
Andy Gibson
Getting Started - Thoughts on Working with a Financial Advisor?
29 August 2024 | 13 replies
Before I buy my first property, I’m curious to talk with a financial advisor to ensure I’m in a good spot and figure out the most tax efficient way to pull together a down payment.
Adam Guymon
Starting Out, help! Very unique situation.
29 August 2024 | 6 replies
In fact, having a knowledgeable team (agents, brokers, property managers) can help you secure better deals and manage your properties efficiently, especially if you're aiming to be a passive investor.Holding Company: Setting up a holding company for your LLCs is a smart move, especially if you're planning to build a sizable portfolio.
Derek Tuohy
Tax basis - Joint Ownership or Inheritance?
27 August 2024 | 6 replies
For better tax efficiency, transferring full ownership to your mom and inheriting the property upon her passing is a solution to consider.
Chris Price
What CRM Do You Use? Why?
28 August 2024 | 21 replies
I'm currently using Podio but it's very cumbersome unless you know exactly what you want with it or have someone full time to make it efficient.