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11 November 2024 | 19 replies
You can turn off guest mode and leave the app logged in... but someone is going to log you out or delete the app at some point.
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19 November 2024 | 14 replies
A lot of time you won't, therefore you also have to evaluate your marketing/sales strategy to partner yourself up with the right property owners that everyone wins in the end.
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15 November 2024 | 9 replies
We found success there so it's hard to switch off the brain, and level up to better locations.JD martin said in another post we have a log jam in the housing market with no end in sight.
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20 November 2024 | 37 replies
Then, compare those returns with the stock market’s historical 8-10% long-term gains to evaluate whether the investment makes sense.Also, consider whether you can comfortably cover the $1,000 monthly shortfall.
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11 November 2024 | 5 replies
Find something that was logged lets say 20 years ago but really well replanted.
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13 November 2024 | 12 replies
Does the lender evaluate based on ARV?
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12 November 2024 | 1 reply
If not, even though you are a re pro, losses are passive & deductions are limited.There are 7 scenarios that will qualify as material, and you only need to meet one:*500 hours*Substantially all participation*> 100 hrs and at least 1/2*Significant participation*5/10 years*Personal service activity w participation in last 3 years*Continuous participationTo materially participate, you must be involved in the operations of the activity on a regular, continuous, and substantial basis.Once you pass the pro test, the material participation often comes along for the ride.You can elect to aggregate all rental real estate for purposes of measuring material participation under Sec. 1.469-9(g).Your time spent on all your rental properties (STRs don't qualify) counts as one activity, making it easier to materially participate.In order to make a strong case with your CPA and the IRS you need to document your hours.Best practice is an hours log where you are as specific as possible.
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13 November 2024 | 2 replies
I’ve been evaluating deals on single family homes in Lawton, OK and the cash flow seems pretty nice.
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13 November 2024 | 0 replies
We identified this N Lofgren Rd property through our partner network, and upon evaluation, we recognized its potential.
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13 November 2024 | 9 replies
We're in the process of evaluating a multifamily near where one of my sons attend college.