Samuel Coronado
Looking at another park
13 January 2025 | 8 replies
Any grandfathering will be lost when one of those tanks fails.
Meir Koplovitch
Real estate investor in Birmingham, AL
8 January 2025 | 13 replies
They all use the same Real Estate Agent as well and she is a shark.
John Friendas
Curbside Auction House Not Like Listing
6 January 2025 | 7 replies
Last I would see if there is a record of an oil tank.
Melanie Baldridge
Did you know this about Gas Stations?
14 January 2025 | 2 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.
Shayan Sameer
Fix/Flip or Rental
2 January 2025 | 2 replies
Let's say you're paying 3 points and 12% to a real shark.
Frank Hotard
First Home Issues and Strategy
10 January 2025 | 4 replies
3) Washer/Dryer/Water Heater Tank: The house has a space tucked away for a washer/dryer, vents and all.
Marc Robinson
Community input on a small mobile home park, distressed with high vacancy
13 January 2025 | 10 replies
Sixteen homes to inspect- roofs, hot water tanks, soft floors, siding damage, decks, porches, furnaces.
Garrett Brown
A very simple way to increase your ROI inside your STR
9 January 2025 | 35 replies
An example of one package we have is a Romantic Package - $199. 12 Balloons (buy the helium tanks and keep balloons on site for your team or use a local shop)Rose Petal Entry Way (bought off Amazon)2 Dozen Roses (local grocery store for $10-15 each dozen)Led Candle Display (bought off amazon and reusable)I Heart U Signs (amazon and reusable)Champagne (or wine if they want)This equals around $60-70 each time and we pay our cleaner $40 to set up.
Ryan Cousins
Hold onto a Negative Cash Flow Property?
7 January 2025 | 21 replies
Why intentionally put yourself in the tank with the potential of that deficit being much wider than you anticipate?
John Davey
Can you deduct interest (primary house) from a home equity loan to buy a rental?
3 January 2025 | 11 replies
Soprano the loan shark down the street.