Alex Hileman
New Investor Looking for Lending Advice
7 August 2024 | 27 replies
lots of good books out there on this but I personally boil things down into the following 6 categories. 1. seller finance2.
Collin Hays
VRBO and AIRBNB have met their match: Google Vacation Rentals
9 August 2024 | 25 replies
Right now only about 1-2% of my revenue comes from GVR.I can imagine GVR becoming pay-to-play and you having to spend money to gain traffic from it at some point, but if you are working with a PMS that offers that integration for free (shameless plug of Hospitable.com 😉 full disclosure, I work there) then right now any traffic or bookings you do get are a great bonus!
Jennifer Brown
We were very unhappy with Ryan Poske and Bildwise LLC
8 August 2024 | 6 replies
We started taking the Houston phone book which was huge and by category and just flip pages and put our finger down without looking for a selection.
James Carlson
Hey House Hackers! Denver's Changing its Occupancy Limits
8 August 2024 | 22 replies
With Denver facing an affordable housing crisis, this change falls under the category of "Duh, about time."
Femi Ibrahim
How New Western Acquisitions Made Me Lose my Life Savings ($70k)
13 August 2024 | 97 replies
This would fall into that category - pretty much everything does.
Mike Schorah
What’s the Maryland wholesaling bill that’s trying to make wholesaling illegal?
6 August 2024 | 32 replies
@Tom Gimer heck of a stretch of an argument…regulating commerce which IS specifically mentioned in the constitution as a government function doesn’t fall under any of those categories.
Bob Asad
Anyone Creating (or Created) a Real Estate Portfolio with SFH?
5 August 2024 | 6 replies
The category 1 investors buys in stagnant markets where they likely feel as if they are running in place and the inefficiencies of owning SFH's wipes out cash flow
John K.
What can I do with $140K cash?
11 August 2024 | 49 replies
I recommend that, instead, investors view appreciation as icing on the cake, a bonus that will assist in the investment but is not the basis of that investment.
Mohammad Khudirat
Investing as a doctor
6 August 2024 | 28 replies
Additionally, you can do a cost segregation of the property and take bonus depreciation creating additional tax savings.Beyond short term rentals, I think buying a triplex or property every two years as a primary residence and then renting out the unit you lived in and repeating this every two years is one of the best ways to accumulate a portfolio of properties with little down with property tax savings while you live in the property.Then, it will be surprising how quickly the equity builds up as other people pay for your asset that you then can pull equity out and buy a larger apartment building after you have learned about property management from owning the smaller rental properties.To Your Success!
Corri Golden
Balance Between Tax Deductions and Remaining Lendable
5 August 2024 | 7 replies
For example, if this $1,000 was spent on appliances, you can deduct it as maintenance which hurts your lending profile, or you can deduct it via bonus depreciation that does not affect lending.