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29 January 2025 | 8 replies
Quote from @Brandon Stelling: Is there anyone who can help me understand how to leverage real estate investing being a military vet with 100% VA disability benifits?
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25 January 2025 | 13 replies
That's bad.Personally, I would look for another property manager who understands the importance of communication.
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2 February 2025 | 8 replies
Also know that you can't necessarily trust the NOI as presented, you must, must, must run the numbers.Here's a good link to start understanding the basics:http://www.noneman.com/pdfs/White_Paper_Cap_Rates....
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23 January 2025 | 21 replies
Of course, the area is generally the same, but sometimes you have these odd ones.
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28 January 2025 | 42 replies
I attended the RALA 3-day training in Phoenix and took a couple of online courses as well, and while I found these courses to be very valuable in helping get a clearer understanding of the space and what it might take to be successful, I eventually I found it most beneficial to bring in a partner/advisor who has built residential assisted living facilities here in Texas and has been running them successfully.
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4 February 2025 | 9 replies
They'll expect electronic payment options.8) Understanding your local landlord-tenant laws, so you don't make a mistake or get taken advantage of by tenant.9) How will you handle maintenance issues?
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7 February 2025 | 5 replies
Here's what's very important to understand: you still owe depreciation recapture tax on $100k, not on $70k!
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7 February 2025 | 9 replies
I understand the value my CPA provides for me in my situation.However, when should my other 2 partners hire help for taxes?
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12 February 2025 | 14 replies
Find a mentor that can help you through the purchase of your first house hack, and get something you can fix up off market directly from the owner.Use the help of the mentor to find out if it's a good deal and to help you understand if it could work.
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14 February 2025 | 18 replies
Hi Jon from Boyertown, PA-You and your fiancé are interested in buying your first short-term rental and wonder profitable areas to purchase with a budget up to $500,000.I would look at places along the west coast of Michigan, Grand Rapids, Kalamazoo, and near Ann Arbor, MI.It is important to understand the local STR regulations in each community and partner with a property management company that can help your navigate that and manage it well for an excellent guest experience.Don't forget to look into bonus depreciation and doing a cost segregation study to increase the tax benefits of ownership and if you "materially participate" in the management of the property per IRS guidelines it can offset active W-2 income which most real estate cannot.To Your Success!