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25 December 2024 | 11 replies
Managing the operation myself could save money and provide better control compared to working with out-of-state properties.
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25 December 2024 | 4 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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9 January 2025 | 32 replies
For your $2M property, a cost segregation study estimates $316K in first-year depreciation (compared to $28K with standard straight-line), potentially saving ~$117K in taxes at a 37% rate.
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10 February 2025 | 62 replies
I recognize that my net worth is small compared to some of the people I associate with.
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23 December 2024 | 3 replies
There is a lot of inventory in Jersey City, so compared to the rest of the state, there are opportunities there for good STR operators.
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4 January 2025 | 25 replies
No, they are not 100% passive, but NOTHING you do in a REIT, stocks, Bitcoin, or MLM can come close to comparing.
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16 January 2025 | 40 replies
Did you feel you had any difficulty getting started with the listings compared with if you had started them with your personal account that would have been more reputable at first?
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15 January 2025 | 39 replies
These properties tend to hold value better and offer stronger appreciation compared to duplexes or small multifamily units.
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9 January 2025 | 116 replies
Even if I have a claim every 10 years I will have saved $80k over that time period compared to the people who pay for better insurance.
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23 December 2024 | 0 replies
We then use this to compare actuals to throughout the year and normally do a reforecast at the end of Q1 as thing evolve and change.