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26 March 2024 | 0 replies
Despite obstacles Miamis real estate market stood strong with 96% of the asking price received—a dedication to excellence.Time—the mysterious currency of existence—seemed to yield to Miamis influence.
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26 March 2024 | 11 replies
It really depends on what you prefer, some prefer crypto currency (not me), I prefer private lending / mortgage notes and structured it in a way where there is no ordinary income taxation on it, so it is treated as a qualified dividends.You can invest in anything / any type of business, it really is based on what YOU want to invest in.
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25 March 2024 | 3 replies
I think this could be for a variety of reasons but likely has to do with the fact that remote work seems as though it is here to stay allowing for more digital nomads, professionals to live/move cities more easily or even just "check out" a new location for a few months.Couple of key takeaways:-Casting a wide net and not focusing only on traveling nurses for example-Knowing your market and target clientele-MTRs are ideal for corporate travelers -How you operate your MTR is key to success (responsiveness to request, amenities, etc)-Protect yourself with a security deposit and ensure your lease fits your property/marketArticle: https://www.azibo.com/blog/mid-term-rentals-pros-and-cons-fo...Curious on everyone's thoughts on this article and overall market trends!
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26 March 2024 | 16 replies
I am at low 8 digits profit from local RE with just 10 properties including over $2m appreciation on a single property.
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27 March 2024 | 43 replies
GAAP accounting, reporting to the Federal Government every month, and a business mind says: take the loss this quarter while we have income to offset.Account Closed foreclosure where borrower doesn't file BK or lie and change the title or other postponement ....s costs about $55000 today as digital processes and video hearings save time and money.There are better tools today.
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25 March 2024 | 118 replies
But the difference between that time and now is two things, in 1970s era the interest rate is in the high single digit.
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25 March 2024 | 25 replies
In my personal opinion I would only consider it if it were a home run multi year lease below market value with double digit ROI.
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26 March 2024 | 34 replies
Using a property management system (PMS) enables you to bring automation to all major areas of Airbnb rental operation (cleaning coordination, guest communication, digital self-check-in, review requests, pricing, upsells, and finances)The bottom line a busy physician with a fairly high W2 can pass material participation tests (100 hrs AND more than anybody else), claim tax losses from his or her STR business and save 6 figures in taxes without working full-time in real estate.
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23 March 2024 | 2 replies
Yes, you should be able to download your digital files and read them even without data (after being downloaded).
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22 March 2024 | 1 reply
I have a US mailing address with a family member and a digital mailbox for business accounts.