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.

The chances of these wholesalers successfully concluding a transaction are about the same as winning the lottery. 5.

Every one that you listed is a different script or a different mailer, but I bet you are saying or writing the same thing.

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).  

Your best bet if you want to wholesale (I don't know why anyone would) is to find a high volume local wholesaler and work for them for a while before going out on your own.Hello Jonathan,I appreciate your perspective, and I wanted to share more about my situation.

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!

I will go into detail more with people actually looking to take the time and effort to help each other out, since it's a win win when you build the right team! 

This forum is great and will help along the way, so don’t hesitate to ask questions or share wins.

Lots of crime over there, I'd say best bet would be 1 occupied and 1 vacant.

With C or below you probably can't avoid some of it so I'd go with a recency bias, ie anyone who has a long period of time between their last eviction and successful rentals other places will be a safer bet than the guy that just got evicted.