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31 January 2025 | 0 replies
Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.
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20 February 2025 | 8 replies
Would love to connect to discuss strategy and debt options to keep in your back pocket so you can make an informed decision for the path forward.
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31 January 2025 | 11 replies
I once had a cabin in downtown Gatlinburg that had a small sleeping loft that was built out by Dolly Parton's brother back in the 1970s.
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4 February 2025 | 1 reply
I needed to read this because I find myself going back constantly on my property criteria so my main focus is house hacking my way to least 5 .
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2 February 2025 | 5 replies
If you know of any exceptional professionals in the Cleveland area with a strong track record or if you believe you are one yourself please reach out to me and I will get back to you.
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23 January 2025 | 56 replies
It was a plan we came up with ourselves (no Internet back then) and it worked for us.
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30 January 2025 | 0 replies
My thought is to take a compiled list of property addresses saved in Excel and then run data scrape from Zillow and Redfin on each of those addresses, pulling the property details back into excel and into the appropriate table I have set up.
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11 February 2025 | 167 replies
The internet was a viable platform back in the '90s.
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1 February 2025 | 1 reply
Imagine a 4bed/2bath home with a small ADU in back, a converted garage with a private entrance, or a three-level home with a basement that can be converted into a private apartment.You can get privacy and house hack, but it takes a little more effort.
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19 February 2025 | 3 replies
Look to ask the seller about financing back whatever they want for their equity but make sure the mortgage rate and payment are at a place where you will be able to cash flow effectively.