Hi All! In real estate investing, what would you consider the top revenue generating activities and should be focused on the most? Thank you!
I am looking at an inn that sits within walking distance to a big lake in a nice area in NY state, Catskills. The inn has been closed for 5 years without any upkeep. I am attracted to this property as it has old wor...
Pareto's Principle (aka the 80/20 Rule) suggests that 80% of your revenue is going to come from 20% of your activities. I just read "80/20 Sales and Marketing" by Perry Marshall - a book suggested a while back on the...
Hello all, new investor here! I am working on rehabbing some smaller cottages in northern Michigan, the plan is to put them all on the STR market once they are complete. It seems to me sites like AirDNA and other rev...
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
How would you value a website? Anyone has any experience with this? Is it based on multiple of revenue generated? If I have a real estate website generating $100,000 annually, how do I value it?
Hi Folks,
I'm not selling anything but am sharing my thoughts on the weight of real estate (aka responsibility). I'd love to hear your thoughts on my comments.
"Have you ever considered the weight (aka responsibil...
How much is an appropriate Christmas bonus (personal, not payroll) for a property manager? Is it based on number of properties, revenue generated, amount paid or some other factor? I have five properties (10 tenants...
New Investor here, in contract on my first rental property.
If I do not have any revenue related to the property in this fiscal year, can I still take all the legal deductions? Do I have to wait until I can show rev...