I started a GC company because it brings in additional revenue.Another important point, are you looking for a mentor or mastermind to join?

Young investor looking to scale quick and own a lot of properties in the Columbus, OH.

Often, I have cash sitting around between opportunities and have looked all over for a bank that will hold the cash in some kind of interest-bearing account.

@Marie Thomas - I do not but I have significant interest in learning more. 

By structuring deals with regular refinancing, you can unlock the equity in your properties and access capital for future investments.

You’ll be living in one unit and renting out the others— but with a bigger payday!

It will behoove you to have a couple that you trust in your backpocket. 

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.

In my home, I personally converted an unfinished basement.

Extremely difficult to pass and I bet you didn't know that you had to get it reinspected again in three years.