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24 February 2025 | 2 replies
I use Rentredi.I also use Paypal, Zelle, Venmo.I make it as easy as possible for people to give me money.I track it all in a spreadsheet for many properties.
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11 February 2025 | 6 replies
I'm always a bit suspect of full-time paid mentors and people pushing courses.
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12 February 2025 | 4 replies
I have debated about moving a house onto the property and either selling or renting the property or subdividing the property with multiple homes or even several tiny homes.
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18 February 2025 | 3 replies
Even if all the numbers pencil out, if no one wants to live there, I'm going to have a hard time making the numbers work, whether I'm selling a flip or renting out a property.
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20 February 2025 | 1 reply
I'm looking to meet new people in this space and learn more about real estate.
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11 February 2025 | 7 replies
They might be willing to give different terms especially to a high net worth person that they can likely make money on cross selling.
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8 February 2025 | 18 replies
Just a note, people think "Hard Money", "Private Money", and "Bridge Loans" are the same.
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6 February 2025 | 5 replies
Recapture typically happens only when you sell the property.If you use the property partly for personal use and partly as a rental in a given year, depreciation and other expenses must be prorated based on the number of days it was rented versus personal useBased on the current tax laws and regulations, once you've taken bonus depreciation on an asset, you cannot "capture" additional bonus depreciation on that same asset in future years, even if the rates increase.In the 2024 tax year, the rate for bonus depreciation is 60%.
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26 January 2025 | 51 replies
For example, let's say you are guaranteed a 7% pref and the property delivers exactly that, but then sells with a capital gain.
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20 February 2025 | 7 replies
They tend to be what most people target.