Category: Real Estate
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Short-Term Rental Tax Strategy For High-Income Earners
Short-Term Rental Tax Strategy For High-Income Earners If you’re a high-income earner, then it’s safe to say that taxes are your biggest expense. As a periodontist, I’m constantly on the lookout for ways to lower taxes for my Investor Group. (If you’re an accredited investor and want access to my personal deal flow, which provides tax
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How To Benefit From Real Estate Professional Tax Status
For high-income earners, real estate professional tax status is one of the most powerful tax tools available. But it does take some work in order to qualify. Unfortunately, most doctors and other professionals have VERY few tax advantages due to two main issues: employment status their HIGH income Employment status Let’s start with employment status.
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Are Mobile Homes a Good Investment? The Truth About This Overlooked Asset
Are Mobile Homes a Good Investment? The Truth About This Overlooked Asset When I first started investing in real estate, nearly everyone told me the same thing: “Start with single-family homes or apartments. That’s where the money is.” They were partly right, both are proven paths to wealth. But there’s another real estate asset class
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Cash On Cash Return Formula: Are You Making Money In Real Estate?
One of my first real estate mentors was Joe Fairless. Early on in my journey, he was nice enough to host me on his podcast (I guess to show that literally anybody can invest in real estate, even a periodontist 🙂 ) Joe helped me get started investing passively in real estate by teaching me
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5 Reasons To Consider A Hotel Investment
When you think about investing in real estate, what comes to mind? Apartments? Single family homes? Office space? Self storage? But what about a hotel investment? That’s right, the hotel industry. In 2020, the pandemic caused a major disruption within the travel industry. Hotels saw their occupancy rates drop to single digits. Up until that
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How To Get Started Investing In Storage Units Passively
One of my goals this year was to invest in a different asset class. I’m currently invested in several apartment syndications and hotel investments. One particular asset class that’s peaked my interest has: annual revenue of $40 billion an occupancy rate of over 90% And roughly 1 out of 10 households currently rent them. The
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Investing in a Car Wash: A Comprehensive Guide for Beginners
A few years ago, a local contractor recommended that I look into the car wash space as he knew I liked alternative investments. He was in charge of building a handful of express car washes for a national chain in our area. He personally knew the owner and informed me that he was getting an unbelievable
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RV Park Investing: Is it Right for You?
It all started with a recent trip down to Lafayette, LA to spend the day with mobile home park mogul Chris Rood. I knew something was up when I heard Warren Buffett was getting into the mobile home investing space a few years ago. If the world’s greatest investor is putting billions into a certain
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Real Estate Syndication: A Complete Guide To Investing
“Never depend on a single income. Make investments to create a second source.” – Warren Buffett Shortly after reading Kiyosaki’s “Cashflow Quadrant“; I had an abrupt wakeup call. It seemed that even though I am a “self-employed” practice owner, I’m nothing more than a glorified employee (trading time for money). In other words, if Dr.
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Mineral Rights in Real Estate: What They Are and How They Work
What are The Mineral Rights in Real Estate, and How Do They Work? [Editor’s Note: Today’s article is a guest post from Pheasant Energy. Pheasant Energy is a Fort Worth based upstream oil and gas company. Their primary focus is in the mineral, royalty, and working interest subset of the industry. They analyze a high rate of
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Real Estate Syndication vs REIT – Which Is Best?
Real Estate Syndication vs REIT – Which Is Best? Whenever someone first joins our Passive Investors Circle, the first step is setting up a call to determine their specific investment goals. Most either don’t have any and if they do, they’re rather vague. Examples include: I’d like to get into real estate but don’t know where
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What Is a Syndicator In Passive Real Estate Deals?
When I finished dental training at LSU, I was focused on one thing: getting rid of the $300K student loan debt I’d accrued. I understood the value of investing as early as possible (I didn’t start practicing until my early 30’s); but again, I was in survival mode. You see, only two weeks before I
