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9 September 2024 | 5 replies
It was like surfing a wave of opportunity right to the shores of prosperity.Here's one method that's helped me achieve success: I flaunt my wins, transactions, and triumphant stories on social media.
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9 September 2024 | 0 replies
The property appraised at $25,000 over purchase by comparison method and around $60k over by cost method.
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10 September 2024 | 5 replies
Quote from @Jennifer Fernéz: The best method is to make an offer and require the seller to remove the tenant so you don't have to deal with it after closing.If they won't do it, then you'll have to do it after you own the property.
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10 September 2024 | 2 replies
In my experience trying to raise capital from people within the real estate community doesn't seem to be the best method because most people in real estate are more interested in building their own businesses, rather than investing in someone elses (especially when considering how much money it takes to invest in syndications).
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9 September 2024 | 3 replies
BRRRR is a method not really a business template (if such a thing exists for any business).
11 September 2024 | 9 replies
I have been successful having my insurance on my personal home AND my STRs lowered with this method.
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9 September 2024 | 5 replies
I personally don't agree with the cost per square foot method, way to vague and inaccurate.
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10 September 2024 | 6 replies
The most efficient method is to create one contract and then add/subtract properties that are either acquired or sold by this particular client through a contract addendum.
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9 September 2024 | 3 replies
I like to purchase turnkey and use the house hack method.
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11 September 2024 | 18 replies
This allows you to deduct the full cost in the year it was placed in service.Fences are not eligible for the Section 179 deduction as they are considered land improvements.Given this information, you have two main options: 1) Take advantage of bonus depreciation (if eligible) and deduct the full $4,200 in the year the fence was installed.2) Depreciate the fence over 15 years using the appropriate depreciation method (likely GDS).To ensure you're making the best choice for your specific situation, I recommend consulting with a tax professional who can review all aspects of your rental property finances and advise you on the most beneficial approach.Please feel free to reach out if I can be of any help.Best,Jackson