4 March 2024 | 5 replies
Hey @Mitch Niebur What specific strategies are you looking to implement?
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4 March 2024 | 5 replies
While I can't provide specific financial advice, let's delve into thoughts on the parking situation and potential tenants.
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4 March 2024 | 59 replies
Non-person/biz-specific, covering a specific topic(s), that can have 20-50 share in for 30.45/60min?
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4 March 2024 | 2 replies
Wholesaling can be an alternative strategy in the real estate market, but its success varies based on Richmond's specific conditions.
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4 March 2024 | 9 replies
@Abinadab De la Torre what specifically do you want this list for?
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4 March 2024 | 0 replies
To calculate your land value, take into consideration the average price per square foot or acre of the comps and apply that to your land.Steps to apply comps to your property:1) Compile multiple comps: Find a real estate agent to help you put together a list of comparable properties.2) Make adjustments: Analyze each comp carefully to determine whether it has advantages or disadvantages when compared to your property and make adjustments to the value upwards or downwards as necessary.3) Determine the use of weighted average vs average: Depending on how close the comps are to your specific property; you may consider utilizing the weighted average method to place a greater weight on those properties that more closely resemble yours.Using comps to value your land can add a component of complexity and subjectivity.
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4 March 2024 | 2 replies
hi Carl, I would love to connect and ask more questions about this deal specifically due to you mentioning not really making much profit.
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4 March 2024 | 8 replies
@Travis BiziorekYou're absolutely right - I've also come to the realization I need to target a specific "avatar" - we got a local investor from a FB ad and it was probably the easiest among the raise.
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4 March 2024 | 11 replies
Whether you have questions about specific investment strategies, market trends, or just need general advice, feel free to reach out.
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4 March 2024 | 8 replies
Quick general pointers, as already mentioned on this thread:- holding a flip property for a year changes nothing for taxes, in most cases- flip properties are not taxed as capital gain taxes and are not eligible for 1031s, in most cases- if you're a full-time broker and do not have other jobs, you will most likely qualify as a real estate professional- which does not exempt you from any taxes, but it can create other tax benefits, specifically allow you to apply losses from your rentals against your broker income- and there are other tax strategies that can help youFrom this point, you need to get yourself a tax pro.