![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2855729/small_1701206033-avatar-andrews1501.jpg?twic=v1/output=image&v=2)
9 February 2024 | 7 replies
Depending on your goals and the volume of deals you are seeing that you'd consider a "buy" , it might help you scale faster.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1815703/small_1621515813-avatar-clarkstoragellc.jpg?twic=v1/output=image&v=2)
9 February 2024 | 5 replies
They can be written off in one year depending on tax law updates.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2607174/small_1669421164-avatar-linav2.jpg?twic=v1/output=image&v=2)
8 February 2024 | 8 replies
Here are some considerations for both options to help you make a more informed decision:Option 1: Sell the HousePros:Immediate liquidity: Selling the house can provide you with a lump sum of money immediately.Eliminate financial strain: If the property has been a financial burden, selling it could relieve you of the ongoing stress and financial obligations.Capital gains: Depending on how long you've owned the property and the real estate market conditions, you might realize significant capital gains from the sale.Cons:Capital Gains Tax: If the property has appreciated in value since you bought it, you could be liable for capital gains tax, which could eat into your profits.Loss of potential future appreciation: Real estate generally appreciates over time.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/746797/small_1621496589-avatar-juliar18.jpg?twic=v1/output=image&v=2)
9 February 2024 | 13 replies
I come myself, estimate what's need to be done, if I can't fix myself, I tell them that I'll call my contractor and as soon as he's available - I'll give them 24 hour notice.Usually I call my contractors for at least $100 job or they'll include the driving time in any job.To call plumber - just to show up - costs $80-100 depends on a company or who's taking the call.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2391314/small_1695111517-avatar-emilyd90.jpg?twic=v1/output=image&v=2)
8 February 2024 | 11 replies
It really depends on your strategy, but I wouldn't recommend using Quickbooks.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1268867/small_1696807472-avatar-paulm378.jpg?twic=v1/output=image&v=2)
10 February 2024 | 28 replies
You get education.What do you do when you want a fast track to success ... you consider education.There is nothing wrong with buying courses.. it just depends on what kind of courses you buy.So if you feel that this can help you getting successful dude go for it.Did you know I also bought a course?
8 February 2024 | 4 replies
STR's can certainly work in Salem, but are location dependent (ie being in the city for the university or state traffic vs out in the country for wine tourism).
10 February 2024 | 22 replies
The seller may come back and ask for more DD, and I'd be willing to probably go up to about 2-3k, depending on how much I want the house.If there are multiple offers, I would considering doing 5-10k (or more), depending on how competitive I think the other buyers are, how much I want it, and what kind of condition I believe it to be in.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1434764/small_1695340494-avatar-patq1.jpg?twic=v1/output=image&v=2)
9 February 2024 | 49 replies
Furthermore, you should be getting a cut of the proceeds of the sale (again, GPs will take 10-50% depending on deal structure), so even though cash flow is disappointing, you should make something on the sale, if the GPs manage to get a good sale price.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2784016/small_1690188442-avatar-laurenl142.jpg?twic=v1/output=image&v=2)
8 February 2024 | 11 replies
Probably 20-120 in attendance depending on the topic.