25 November 2024 | 11 replies
You can have a formula to pull the individual property tab income to this master tab.I have my ROTH IRA owned properties with a different colored tab and they are in a separate section on my master tab.

26 November 2024 | 1 reply
In other words, the cap rate becomes fairly meaningless upon transfer.Your job is to assess whether or not you can make a good profit after buying the asset at whatever the sale price is.

26 November 2024 | 1 reply
If you want to do wholesaling, finding the right title company can be very important.

26 November 2024 | 2 replies
Someone I know bought a ranch to use as a short term rental property in 2021 for $1.7 million.Engineers did a virtual site visit, they were able to assign a value of $347,000 to either 5-7-15 year assets that were eligible for depreciation.In 2021, the bonus depreciation amount that you could take was 100%.This means that the owner could immediately deduct the full amount of eligible property in the year it was placed in service, rather than depreciating it over time.With that in mind, he took the full $347K deduction in his FIRST YEAR of ownership to offset taxable income from rentals.This was roughly ~20% of his purchase price.It was a big win for him.In 2024, the bonus depreciation rate is 60% so the calculation would be different.That said, you can still save and defer a ton.

25 November 2024 | 13 replies
@Taylor Cave You make it sound like you can place 8 students in an 8 bedroom house and collect $500$-650/bedroom.

26 November 2024 | 3 replies
I'd greatly appreciate any assistance or input that someone knowledgeable can provide.

25 November 2024 | 6 replies
Some people can process an application in 24 hours, some take a week.

26 November 2024 | 14 replies
@Sean Hurwitz tell us more about your goals so we can assist!

25 November 2024 | 32 replies
Quote from @Luis Ramos: As a M.D. and Real Estate investor, I can attest that these poor business decisions come down to amount of schooling we have had.

25 November 2024 | 2 replies
Love that you are coming to the market to interface here, nothing can substitute it in my mind.