Taxable Income: Moving profits from your property improvements or lighting LLCs into the real estate LLC doesn’t change your overall taxable income.

When I left banking after the last crash, we started by buying non-performing commercial loans out of banks.

It’s a real blessing to be part of renovating and improving these homes

That's an important point for those seeking to have cost segregation studies performed for accelerated depreciation.

They've really improved the electric fireplaces to make them much improved from the old fake/cartoony looking fireplaces imo.

Both notes and rentals can build wealth, but they do it in different ways: Notes (performing or non-performing): • Pros: Cash flow is usually more predictable, lower day-to-day involvement, and you can often buy at discounts that juice returns. • Cons: Limited upside beyond the terms of the note.

Would you pay this person for 3 hours of work if they performed this particular task for 3 hours?

In our experience, the #1 mistake owners make is ASSUMING all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY.

It also improved refinance options down the line, making it easier to pull capital back out for the next deal.It’s a reminder that appraisals aren’t just another box to check for the bank.

With today’s market shifts, I’m seeing more interest in non-performing notes.