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29 November 2024 | 7 replies
Building will not be in the cards for those prices and land opportunities right now.
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30 November 2024 | 19 replies
You've got a 48% chance of winning that way.
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29 November 2024 | 6 replies
Maybe paying off credit card debt or other debt on your report to reduce the minimum payments, increasing the downpayment, finding a house that doesnt require HOA or flood insurance (if applicable), etc.
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27 November 2024 | 2 replies
Our ability to act quickly and decisively ensured we could close the deal efficiently, making it a win for both the seller and our team.
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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.
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26 November 2024 | 2 replies
Sign up for their card and save another 10% or something.
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25 November 2024 | 32 replies
My own thinking is their US passport was suspended which is required to remain in Portugal if you are a holder of a temporary residence card and they had to leave??
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26 November 2024 | 25 replies
The chances of these wholesalers successfully concluding a transaction are about the same as winning the lottery. 5.
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25 November 2024 | 4 replies
Plus, the relationship-based nature of private lending can lead to more long-term, win-win partnerships.Banks definitely have their place for more traditional loans, but for many investors, the convenience of private lending outweighs the higher rates—especially when time is money!
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2 December 2024 | 33 replies
That’s always going to win in the end as to coming out ahead as long as you make smart financial investments (such as maintaining control of your own investments, and making smart choices on properties that cash flow, etc).