
13 January 2025 | 2 replies
Quote from @Hector Romero: Hello all, I am new to the community as well as being the lead in real estate investments.My sister and I currently hold 3 properties next to each other in Riverside County, California (we'd like to get them in an LLC but we're unsure how that may affect financing them).

11 January 2025 | 12 replies
Being "boy wonder" can lead to ego and pride definitely comes before the fall. 2) Irrelevant.

27 January 2025 | 12 replies
I know it’s going to take a lot of digging and possibly building my own pipeline for off-market leads to make this strategy viable long-term.

16 January 2025 | 1 reply
.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers.

16 January 2025 | 5 replies
You can learn to do this independently or get a rockstar REALTOR to lead the way.

14 January 2025 | 2 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.

14 January 2025 | 9 replies
If a landlord plans to hold the property for a while, we always recommend an annual lease, ending to align with the summer leading lesson, or staggered with their other leases depending on the situation.

29 January 2025 | 31 replies
That leads me to believe that this is a commercial property or larger (more than 10 to 12 units) multifamily.

19 January 2025 | 18 replies
Also class of tenant plays a role.

20 January 2025 | 12 replies
Any leads on investor friendly agents in the area would be much appreciated!