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Results (10,000+)
Alfred Wevers Converted single family home to short term rental
25 November 2024 | 2 replies
I always suggest starting with friends and family and even ask them if they know anyone who might be interested.
Henry Clark Self storage- Syndication Stress Tests
24 November 2024 | 1 reply
Should be the 3rd post by me.  
Emory Clayton Sec 8 Tenant Screening
11 November 2024 | 3 replies
Quote from @Emory Clayton: From what I can tell, and my personal experience, you will have to lower standards so the Section 8 applicants can qualify.I'm not a fan of Section 8 because they tend to be far more problematic than tenants that pay their own bills.
Ray Watkins built complete new home
26 November 2024 | 1 reply
There seems to be information missing - why not get it from a traditional lender?
Roy Logan Off Market - Opportunistic BRRR
26 November 2024 | 6 replies
@Roy Logancan you be more specific? 
Kendrick Seen CRM and List Management
11 November 2024 | 6 replies
Nothing beats a custom optimized CRM to fit your needs and how you do business.I honestly feel like everyone selling CRM try really hard to make people believe they need an "out-of-the-box" system, but this truly HAS to be customized to how you manage your leads.For Lead generation we leverage GrumpyHare. 
Rob Williford Wholesaling in rough areas
15 November 2024 | 1 reply
Great to see folks with an interest in "rough areas" - most people don't even think twice about them. 
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.
Chris Pickett When to do remodel
25 November 2024 | 7 replies
I’ve already again talked to contractors and got good estimates knocking down this one wall adds aton of value to the house.I estimate the additional amount would be $200-$300 a month after a remodel. 
Danny Van Beginner Investor in Warren, Michigan first steps
14 November 2024 | 5 replies
They should be able to direct you much easier than any of us.