Dana Wilkie
New Here and I Have Questions
4 December 2024 | 7 replies
fyi, one of my children (also in Indiana) had a very good experience with a VA loan through Veterans United.If you can find a tenant who wants to be rural and have space but doesn't have a down payment or for some other reason doesn't want to buy or can't buy, that person could be an excellent fit for your situation.
Marc Shin
Visiting my STR property for the first time ever... What should I be sure to do?
1 December 2024 | 15 replies
Let them know about the PM and emphasize that you will keep the property in excellent condition, thereby making the whole block look better.I'd schedule a visit where you stay for a few days, and at that time maybe a gift card would be appropriate......
Marc C.
Syndication Pitch Book/Pitch Deck Examples
1 December 2024 | 93 replies
Happy to share mine I made from using Word and Excel.
Liam Alvarez
Best Apps for Analyzing Real Estate Markets: Share Your Experience!
3 December 2024 | 19 replies
The only way I would ever win a MF deal in DFW would be to overpay - I wouldn’t understand the sub market like the locals do.Pick one or two markets you can get to easily.
Joshua Wright
Joshua Wright Introduction
28 November 2024 | 7 replies
Your experience with project management and relationship building will be invaluable in real estate, whether you’re interested in development, investing, or property management.Your entrepreneurial mindset and eagerness to learn are excellent foundations for diving into real estate.
Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
Excellent communication by his team and hasn't missed a distribution in almost a year ive been invested.
Account Closed
Favorite Landlord/Property Management Software/App & WHY?
25 November 2024 | 11 replies
Tenants pay with Zelle, PayPal etc.Only takes me a few minutes per month to put in Excel.
Megan Mason
How to Start Investing in Section 8 Housing: Advice Needed
1 December 2024 | 4 replies
The trade-offs are real, but for consistent cash flow and the right landlord, it can be an excellent strategy.What’s the best way to start?
Melanie Baldridge
Power of Bonus Dep.
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.