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7 November 2024 | 18 replies
These training sessions are intended to enhance your knowledge and increase your chances of success.Deal Driven App and EventsThe Deal Driven app training is a key part of our program, helping you utilize powerful tools for marketing, organizing, and skip tracing.
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3 November 2024 | 21 replies
Sean,I have had some good exposure to larger commercial/industrial deals but would like to start investing on my own for small multi family properties, ultimately end goal is to build a portfolio that can someday support my retirement, provide flexibility for my family, and create something that I can work on with my kids to show them the power of real estate and entrepreneurship and hopefully someday pass down to them.
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27 October 2024 | 4 replies
What would you recommend a good paint sprayer, or a power roller to do all the walls in this 900 sq ft place?
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1 November 2024 | 9 replies
You have options and that equals power.
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1 November 2024 | 0 replies
Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.
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31 October 2024 | 2 replies
Our local organizations do a lot - we have representatives meeting with council members, a professional PR firm to help change the narrative on STR's here on the islands, and we're working towards increasing our own lobbying power.
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31 October 2024 | 44 replies
Plus, leveraging multiple properties can help you scale faster, and the cash flow from several properties can compound over time.That said, paying down debt aggressively on one property could provide peace of mind and financial security, especially in an uncertain economy.
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31 October 2024 | 1 reply
I want to give them a benefit of doubt, but I wonder how often you had a list of 10000 prospects, a power dialer to call 2000 numbers a day and speak with those you were connected to (approximately 200 prospects per day_, and still got only 3 unmotivated seller leads in 5 business days?
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31 October 2024 | 8 replies
Sure, Section 121 is powerful if you're considering sale and need to exclude a big gain, but passive cash flow is more powerful in my opinion.
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1 November 2024 | 8 replies
Knowledge is power and for me, it builds my self-confidence so I’ve been bingeing podcasts, books and also recently gotten my real estate license so that I could have a better understanding of real estate in and of itself, with the hope of building upon that basic knowledge with what I’ve been learning about in real estate investing.