Jose Guevarra
Escrow process alternative to email
15 March 2024 | 5 replies
If you want to learn more feel free to reach out.
Jacob Heckford
Invelo Or Propstream Software
14 March 2024 | 21 replies
I am not ready to make lists - still learning how to find and analyze properties (I'm that new!).
Jason Carter
Strategy for low income earners?
14 March 2024 | 8 replies
Investing in REITs through stocks or mutual funds provides exposure to real estate with lower capital requirements and less hands-on involvement compared to direct property ownership.Continuous Learning and Skill Development: Invest in your education and develop skills in real estate investing, property management, finance, and negotiation.
Angelina Le
Guidance or strategies for first time investor
15 March 2024 | 14 replies
I'd recommend learning as much as you can about the niche of REI you're interested in.Audible Audiobooks are a great resource to do that.
Willie Creear III
Mid-Term Rental Strategy: Rent By Room
14 March 2024 | 9 replies
Through trial & error I have learned how to support this specific rental strategy but it can take a bit more attention for those who self-manage.
Denise M. Tschida
How to set myself up for retirement from my day job in 5 years at 65?
12 March 2024 | 10 replies
Ensure that your cash flow needs are met, and you have a diversified income stream to support your retirement lifestyle.In conclusion, your decision should be based on a comprehensive analysis of your financial goals, risk tolerance, and market research.
Pamela Holmes
Alabama Tax Deed Property
15 March 2024 | 117 replies
Newbie here, just followed this thread to learn more...
David Ounanian
What tax benefits or implications should I be aware of as a real estate investor?
12 March 2024 | 4 replies
.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.
Paul Woolley
REI Newbie from Maui to San Antonio Intro + digital marketing case study coming soon
14 March 2024 | 3 replies
I chose San Antonio as the primary city because it seemed the most opportune city to invest and start my real estate journey via wholesaling.So far I've been learning on these forums, YouTube, and taking massive action to learn as I go.
Joey Newman
Utah Life Real Estate Group
14 March 2024 | 2 replies
I have been in the process of learning how to run the numbers myself as well as with help with very experienced agents on my team who have worked with many many investors.