
3 March 2025 | 1 reply
We are not opposed to a group but want to be able to make our own decisions and really understand the process.

24 February 2025 | 2 replies
It felt reasonably if not underpriced to begin with and felt like I would lose an opportunity if I didn’t put in an offer for full asking price, they ended up being multiple offers the 1st day on the MLS, so I felt good about that decision.

1 March 2025 | 8 replies
Our idea is already being validated by local players who see its potential to enhance early project decisions, and I’m confident it can complement the work you and other brokers do.

21 February 2025 | 4 replies
That's most likely going to be a C- neighborhood or lower so there could be more perceived scale to BRRRR, but a tougher decision on how to renovate at that price point and possibly harder tenancies.I would get to real estate investor meetups in your area.

27 February 2025 | 4 replies
You may do some research on what life is like on both ends and make a decision from there.

4 March 2025 | 13 replies
This means that when you sell the property, your adjusted tax basis is lower, which increases the capital gain you must recognize.Additionally, any accelerated depreciation taken is subject to depreciation recapture at a higher tax rate (up to 25% for real estate assets) rather than being taxed as long-term capital gains.So, while cost segregation provides significant upfront tax savings, it also increases your capital gains tax liability upon sale unless you use a 1031 exchange or other tax-deferral strategies.You can find your current tax basis by reviewing your depreciation schedule (Form 4562) and prior years’ tax returns, specifically looking at your adjusted basis on Form 4797 (for sales of business property) or Schedule D (for capital gains and losses).Your CPA should be consulted prior to making any decisions.

25 February 2025 | 15 replies
So just for the sake of confusion.As for the minutes, I refinanced several properties into a package earlier last year, and for the first time, the lender asked me for official minutes showing where decision was made to refinance and reasoning for the decision.

25 February 2025 | 18 replies
I didn't want these or future tenants leaving because of exorbitant electric bills, so I made the decision to change out the inadequate electric furnace for a gas furnace.

5 March 2025 | 4 replies
Clear, professional, and documented communication ensures you maintain control of the situation while keeping interactions respectful and legally sound.3️⃣ Know the law and act decisively.

10 March 2025 | 5 replies
Since you’re new to real estate and house hacking, my biggest piece of advice would be to get super clear on the numbers before making any decisions.