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19 November 2024 | 12 replies
@Johnny SmithThere are other ways to reduce your taxes besides real estate.I recommend finding a tax strategist who specializes in real estate taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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9 November 2024 | 2 replies
I am considering this because it is seller finance, low out of pocket and it would get me in a market that is expanding rapidly.
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19 November 2024 | 23 replies
Marketing and Advertising: A property manager has the resources and knowledge to effectively market and advertise rental properties, attracting prospective tenants and reducing vacancy periods.In summary, hiring a property manager can streamline operations, enhance profitability, and provide peace of mind for you, allowing you to enjoy your investments rather than being bogged down by day-to-day management tasks.A property manager will give you more time to expand your investment portfolio.
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14 November 2024 | 8 replies
It sounds like you’ve already made great strides with your four long-term rentals and that you’re committed to learning and expanding your portfolio, even from afar.
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12 November 2024 | 0 replies
Acreage land has a rapid value appreciation in Texas.
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14 November 2024 | 5 replies
I’m planning to take my broker’s exam in the near future to expand my skill set and deepen my involvement in this space.I’d be thrilled to discuss the current state of the market, challenges, and opportunities, and to exchange ideas with others.
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14 November 2024 | 4 replies
I’m considering formal training or certification programs to sharpen my skills and possibly expand into managing additional properties.For those of you with more experience, which property management organizations or certifications would you recommend?
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18 November 2024 | 17 replies
We do have a regional airport that provides connecting flights to Dallas but it is unreliable/expensive and they are unable to extend the runway to land bigger commercial jets and don't have room to expand the common areas that would accommodate more customers.
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18 November 2024 | 15 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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18 November 2024 | 24 replies
Develop a relationship with different types of commercial lenders so that you can expand the types of deals where you can perform.