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21 February 2025 | 10 replies
I personally like the BRRRR strategy - it's not easy to pull off but it's simple and it works in theory.Ā
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5 February 2025 | 8 replies
Message me your number and Iāll add you to the WhatsApp group we use to share meetup times and places.
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4 February 2025 | 8 replies
Just shoot me a DM and I can share contact info.
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25 February 2025 | 2 replies
Just not a big fan of the ups and downs personallyĀ
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7 February 2025 | 7 replies
Meaning they went into a standalone bank account (not mixed with your other personal funds).Ā
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6 February 2025 | 5 replies
Recapture typically happens only when you sell the property.If you use the property partly for personal use and partly as a rental in a given year, depreciation and other expenses must be prorated based on the number of days it was rented versus personal useBased on the current tax laws and regulations, once you've taken bonus depreciation on an asset, you cannot "capture" additional bonus depreciation on that same asset in future years, even if the rates increase.In the 2024 tax year, the rate for bonus depreciation is 60%.
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4 February 2025 | 31 replies
.: I wanted to share an update on my build.Ā
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4 February 2025 | 8 replies
Do they provide exclusive leads, or are they shared among multiple investors?
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6 February 2025 | 3 replies
I would be happy to share any of our systems, processes, or learnings.Ā
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11 February 2025 | 6 replies
HereāsĀ what I know so far:My father-in-law is offering to finance the property purchase, but Iām still clarifying whether that means 100% financing or if he expects a down payment.We haven't yet decided whether to purchase as individuals or through an LLC.Iām also in the process of discussing the specific terms with him (monthly payments, amortization, balloon payment, etc.).Could you share any advice or insights on what deal structure might work best in a scenario like this?