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17 January 2025 | 28 replies
I'm using Minoan to furnish a luxury STR and it's been incredible, and I am actively trying to find a way to better leverage their service.
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31 December 2024 | 76 replies
Building a sport court will run like $30 grand, but would increase your rental value. a 6bedroom 4 bath house with a sport court, hot tub, fire pit, mini golf, arcade etc. will most likely crush it because it's cool.
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4 January 2025 | 11 replies
Note that active income isn't the same thing as non-passive income, it's lower bar that just requires that it's a business activity that isn't just entirely passive.
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14 January 2025 | 19 replies
Pairing that with relationship-building will help you uncover off-market opportunities and find local experts who can guide you.For meetups, here are a few ideas:Indianapolis Real Estate Investors Association (Indy REIA): They have a mix of virtual and in-person events and are a good starting point for networking with other investors in the Indy market.Louisville Real Estate Investors Group (REIG): A similar organization for the Louisville market, with educational and networking opportunities.Check out BiggerPockets Meetups: Many cities have local meetups organized by investors active on BiggerPockets, and they often include virtual options.Facebook Groups: Look for local investing groups like "Indianapolis Real Estate Investors" or "Louisville REI."
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15 February 2025 | 77 replies
I personally have a couple of 10.5 interest loans on properties that I am not paying off early, because I am earning so much more by being an active investor and I getting a lot better that 10.5% .
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27 December 2024 | 2 replies
Playing sports isn't forever and I know a 9-5 isn't for me, I am very much desiring to get ahead and learn how to build wealth from all those smarter than me!
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11 January 2025 | 31 replies
Once you think there is no law pertaining to the activity then the work begins this is a belly to belly business your not going to do this on E mail and text messaging .. you will need to be able to sit down with these folks or it will never happen.
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9 January 2025 | 32 replies
In your scenario, claiming that $117k depreciation deduction could lower your taxable income from $700k to $583k, which is a huge benefit in the short term.As for the RE pro status, if one of you becomes a full-time real estate professional, you can potentially offset active income (like W2) with passive losses from real estate.
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7 January 2025 | 2 replies
That way you know they are active in the BP community!
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8 January 2025 | 5 replies
Padsplit may also be an option if you want to be a little less active in managing.