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6 February 2025 | 16 replies
It saved my quite a bit on interest costs.
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14 January 2025 | 1 reply
Feel free to PM me.
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5 February 2025 | 2 replies
A lot you can find for free on YouTube.
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17 January 2025 | 9 replies
A Property Manager can also assist with understanding local regulations and the practical aspects of property management, ensuring you make a well-informed decision.Feel free to share more about your specific needs.
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4 February 2025 | 9 replies
The biggest problem I see with seller financing is the cost of repairs (as well as holding, selling, etc.)
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11 February 2025 | 3 replies
Feel free to let me know if I can help you.
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10 February 2025 | 1 reply
Quote from @Melanie Baldridge: In 2025 the bonus depreciation rate is 40%.This means that if you bought a property for $1M in 2025, did a cost seg study and found $300K in eligible assets that you could depreciate, you could take 40% of that $300K as bonus depreciation to offset your income in the first year.40% of $300K = $120K.You then apply that $120K to the owner’s personal tax rate to find the final amount that they can defer in year 1.If your tax rate is 37%, you can defer $66.6K.This is a big deal even at the 40% bonus depreciation rate this year.It’s a massive benefit
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30 January 2025 | 1 reply
If anybody local (especially other wholesalers) or anybody else even out of my market wants to connect, feel free to reach out!
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10 February 2025 | 12 replies
Be conservative on your rehab budget, rehab timeline, holding costs, etc.
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10 February 2025 | 2 replies
If you're lucky enough to get a free and clear property where the seller is willing to finance, this reduces much of the risk associated with seller-finance.I would make sure the title is then moved over to your name, especially since there is not a risk of a due-on-sale clause being triggered.