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26 September 2024 | 1 reply
Imagine making millions of dollars throughout your career and then having to pay Uncle Sam 30-50% every year instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they 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 the best ways to end up with a much larger net worth at the end of your career.
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22 September 2024 | 13 replies
Will someone lend me money to pay off another hard money loan?
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26 September 2024 | 0 replies
Here are the five reasons serious (particularly luxury & commercial) investors should hire an investor focused and friendly real estate broker: - Market Insight: Seasoned investors will show you why the little things make a big difference.
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30 September 2024 | 15 replies
In running the numbers I’m making assumptions about many operating expenses.
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30 September 2024 | 1 reply
For my next project I want to make sure it goes smoothly.
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26 September 2024 | 8 replies
Do you flip with cash, hard money or partnership?
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26 September 2024 | 32 replies
I just would like to be conservative because I don’t want to end up in a situation where we are losing money instead of making it.Â
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27 September 2024 | 9 replies
They might not have the money available to fix the issue.Â
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26 September 2024 | 5 replies
I’ve been actively making offers on duplexes for the past several months because I want to get started in real estate now.
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1 October 2024 | 6 replies
It may make more sense to use those funds you have saved to increase your credit scoreÂ