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4 February 2025 | 18 replies
Don't talk yourself into a place because of personal use.Buying a $475k condo that brings in 35k in gross rental income will lose a lot of money.
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11 February 2025 | 16 replies
If it crashes hard enough, it impacts your personal finances, your relationships, and even your mental/physical health.With the exceptions of politicians and so-called charities, building wealth typically requires sacrifice and time.
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24 January 2025 | 8 replies
Quote from @Daniel Windingstad: Quote from @Obed Calixte: Some people have the personality, processes and systems & time to self manage, some do not.
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7 February 2025 | 9 replies
We recently started a Co-Hosting business and are managing for one other person.
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31 January 2025 | 3 replies
I've personally utilized private notes on three transactions and participated in another handful of negotiations with sellers on behalf of buyers in the past five years.
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10 February 2025 | 3 replies
A couple strategies that could make sense for a younger person without experience could be a live-in flip or a house hack.
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6 February 2025 | 13 replies
Unlike long-term rentals, STRs can be treated as non-passive, allowing depreciation deductions, including bonus depreciation (40% in 2025) on eligible assets.For tiny homes, tax classification matters:If mobile, it is considered personal property, allowing 100% depreciation under §179, subject to income limits.
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9 January 2025 | 4 replies
When it's a well established company like Apple, they aren't likely to be going out of business so there is some certainty that there will be in increase in demand for quite some time.
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5 February 2025 | 5 replies
That will be the best spot to meet an investor friendly agent in person or at least meet other investors in your markets that can help connect you to the right agents.
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15 January 2025 | 29 replies
It's also worth noting that, given my community development background, the intent is to help them refi into traditional financing after they've established a payment history.