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30 January 2025 | 6 replies
The overhead to start a company is low, but the cost to scale is high.
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14 February 2025 | 7 replies
You pay your agent at closing (think of it as an additional closing cost) Depending of the situation and of these options can be used by you and your agent to negotiate with the seller.
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8 February 2025 | 10 replies
This is unlikely to be profit, this is to cover your costs on the backend at move out.Secondly, find a good pet addendum and have them sign it.
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30 January 2025 | 56 replies
I have been in Milwaukee WI for quite a while as investing in my backyard in NY is cost prohibitive. good luck on your journey!!!!
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31 January 2025 | 0 replies
Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.
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16 February 2025 | 6 replies
Assuming your debt is SUPER cheap and only costs you 12% you’ll save $22,800 TAX FREE So the combination is saving $60k at 12% (or more) is $7,200/yr and $130k in the bank at only 4.5% is another $5,850/yr so you’re over $13k GUARANTEED instead of a chance to make $7,200 before taxes
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21 February 2025 | 2 replies
Between carrying costs, having to potentially raise equity and/or utilizing debt during the pre-development period had I settled plus associated time, I probably would have spent a similar amount of money.
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29 January 2025 | 11 replies
Make sure your rehab is "renter" cost rehab. etc.
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19 February 2025 | 17 replies
So, if a tenant broke a window and it cost $300 to replace, you can simply add that bill in apartments.com and that way its all tracked where everyone can see it and track it.
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4 February 2025 | 0 replies
But in reality, holding on too tightly limits growth, causes burnout, and actually costs you money.Why Letting Go Helps Your Bottom Line✅ Frees Up Your Time – Instead of handling every single tenant issue, you can focus on strategy, acquisitions, and big-picture decisions.✅ Allows Specialists to Do Their Jobs – A leasing agent will lease faster than an investor juggling 10 different tasks.