Noah Bacon
Do you use the 1% rule on your rentals in 2023?
12 March 2024 | 40 replies
I wonder how many $M's of dollars the OP has invested in his own real estate empire, or is he (like most of the advice-offering "experts") offering advice with no real personal experience in the game.
Alvis Jenkins
Offering Owner Financing
8 March 2024 | 1 reply
I’m selling a home for $330K if I offer owner financing, I’d ask for $130K-$150K and then the remaining monthly amount until the mortgage is paid off.
Christopher Petrillo
Mojo Dialer Skip Tracing
11 March 2024 | 40 replies
They admit that their hit rate/accuracy is low but offer zero refunds on any of their packages.
Sam S.
Seller's closing cost/items for Vacant Land Sale in Florida
11 March 2024 | 10 replies
As Dwayne mentioned, a title company can certainly close and insure the transaction for you, but many lawyers serve as a closing/title agents and can also offer assistance with the contract drafting, etc.
Brian Hunsaker
Wondering how to minimize taxes owed to IRS from rental properties
12 March 2024 | 36 replies
However, there are other strategies you can consider to optimize your tax situation:Maximize Deductions: Ensure you're fully utilizing all deductible expenses related to your rentals, such as maintenance, repairs, property management fees, and travel expenses to the properties.Depreciation: Make sure you're taking full advantage of depreciation on the properties, which can significantly reduce taxable income.Cost Segregation Study: For larger properties, a cost segregation study can accelerate depreciation on certain parts of the property, offering more upfront tax savings.1031 Exchange: If you're considering selling any properties, a 1031 exchange allows you to defer capital gains taxes by reinvesting the proceeds into another rental property.Energy-Efficient Improvements: Tax credits may be available for making energy-efficient improvements to your properties.Rod
Samuel Santos Borges
Wholesaling in Florida: Tampa, Jacksonville, Orlando, Miami - Where to Start?
10 March 2024 | 6 replies
Which city do you think offers the best environment for a wholesaling newbie?
Matthew Paul
What type of housing problems are in the future due to the increased border crossings
12 March 2024 | 105 replies
I mentioned they should put adds in Texas newspaper and offer a free house.. 45 days later all hispanic crews getting stuff done.
Jonathan Hawkins
Getting started: Tax Lien
11 March 2024 | 2 replies
Offer to buy them lunch one day if they're local.
Michael Nelson
Are there any cash out refi options at 80/20 LTV?
11 March 2024 | 25 replies
yes there are definitely options out there offering upto 80% cashout as long as the rent covers the mortgage even or better .
John Underwood
We are attacking the cable cutters in our property description!
12 March 2024 | 25 replies
I suspect what TV you offer will largely depend on the nature of your rental.