
7 August 2021 | 89 replies
I think it is important to point out that there is a phase-out on the deduction against W2 income; I think completely phased out at 150k, so not all that high of a W2 income.Originally posted by @B Dweik:@Christina Tkacs@Christina TkacsAt the end of the day there's no right answer, It all goes back to numbers.If you have a higher stream income like W2 job and sit in high tax bracket, you could acquire some of those managed SFH assets, and use property depreciation to take negative cash flow from your investment back onto your AGI (adjusted gross income) and help you lower taxes in the short run, have the tenant pays for a property that you own in 15yrs, then you turn it into a passive stream of income.Real estate is not a get rich quick scheme.

10 October 2017 | 14 replies
scheme's to circumvent the alienation clauses don't work.

25 January 2024 | 87 replies
They used our principle to pay other investor's investment returns (which is very definition Ponzi scheme).
8 November 2022 | 42 replies
There is no "get rich quick" scheme that will get you a 20X return in a short period of time.

5 July 2023 | 22 replies
Is the states are really cracking down on rent to own schemes..
29 April 2024 | 248 replies
It's a Ponzi scheme for may of them.

8 December 2021 | 84 replies
You know how to get quick credit when you need it and I suspect we're all in the position of knowing some local people who have been in this business longer than us who are mostly in the business of quiet and quick private lending on the downlow these days.Of course, as @Jay Hinrichs points out, you had better be extremely conservative with your debt as well, understand that running cheap properties as a get-rich-quick scheme never works out for anyone but criminals.

14 January 2023 | 2904 replies
BUt if you were putting down 25% doubt it will matter much in the grand scheme.
28 March 2021 | 3 replies
I renovate apartments for large REITS and everything is white and grey when it comes to color schemes.

25 March 2024 | 35 replies
yes the program is $4800. it is a simple system in that the object is volume of offers on MLS properties with an organizational scheme to keep the operation moving and scalable.$5k may or may not be a lot of money.