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4 June 2024 | 9 replies
I haven’t had any problems getting them rented but my most upscale building took maybe 1 week longer per unit than the others to lease up because it is relatively more expensive than other properties in the same small town.
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5 June 2024 | 10 replies
Sure, leveraging in real estate cab be a wonderful wealth-building tool.
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4 June 2024 | 1 reply
Go to BUILD YOUR TEAM at the top of your screen, and you can search for other MEMBERS or LOCAL MEETUPS.
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3 June 2024 | 4 replies
Hi Joel, what is it you are wanting to build?
4 June 2024 | 3 replies
My goal is to eventually get to a higher cash flow in the years to come and simultaneously build equity in the property.
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4 June 2024 | 8 replies
There are many ways to build wealth in real estate.
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3 June 2024 | 10 replies
So, I'm about to close next week, and I've been looking at commercial properties, specifically 5-8 unit ones.I recently made an offer on an 8-unit building in the Southeast, which seemed like a great deal.
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4 June 2024 | 3 replies
Go to BUILD YOUR TEAM at the top of your screen, and you can search for other MEMBERS or LOCAL MEETUPS.
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4 June 2024 | 10 replies
However, it will likely lower future cash flow so it is a time-value of money play (and perhaps income tax bracket matching... ie, big deduction during a one-off big income year).Two properties... one with cost seg and one with out will have the same depreciation taken at the end of its life (27.5 or 39.0 years).Also keep in mind that STR usually requires 39.0 years of depreciation for the primary building asset.
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5 June 2024 | 15 replies
The journey will never be 100% smooth, but you'll get better at solving unforeseen problems and building better systems to prevent the unforeseen from stopping your flow.