Casually talking to someone and he says he lost his job and he wants to get into" house flipping" ...the market is insanely hot here and there are very few deals and there is a foreclosure coming up that meets my crit...
Hello everyone. I’ve been following Michael Blanks content heavily over the past 2 months and what really stood out to me is the cost segregation & bonus depreciation. If someone could please explain these terms a...
Say you did REI for a while, made big money, and were able to retire. What would you like to do with your time and money? I'd like to travel more.
Just read this article this morning. It comes from a landlord’s perspective of what’s going on in this current crisis and how state regulations are effecting her business. I think some of us can relate to her situatio...
I'm working on a deal for a small 12 unit apartment property. Units are 1bd/1ba 500sq ft. Avg rent is $420. Cash flows $1800/mo at 100% capacity. Seller is an upstanding member of the community with 400 units and grow...
https://www.kold.com/2022/05/1...I applaud her. She's using her money to help others. What I don't agree with is her insinuation that every Landlord charging market rate is creating homelessness. The market drives pri...
2018 is comming up fast and Washington is debating a tax reform bill. I have not heard anything local from Milwaukee or Wisconsin State level, but I would be curious to hear comments on the proposed tax bill on a fede...
Just curious, why are you investing in real estate? Is is for the freedom, passive income, wealth creation, bragging rights, to start a business/ real estate empire, or something else entirely?Let us know in the comme...
Ok, so I got my tax prep bill and I think its way high. For discolsure, my accountant had to file 5 forms:1040 US tax ind return1040-ES Estimated TaxKentucky Ind taxKentucky Est taxKentucky Single member LLC tax retur...
I was just looking at a deal that was a 7% cap, but it was based on projected NOI after I renovate it. Is this common that brokers and sellers advertise this way?By the time I renovate it and sell it (assuming a sim...