Category: Real Estate

How Hard Money Loan Requirements Work: A Complete Guide When I first heard the term “hard money loan,” it took me back to my college days when I was broke yet still found a way to play craps. In craps, a “hard way” bet is a wager that a specific pair of doubles (e.g., two…

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How to Start an RV Park: Building Your Dream Campground I used to invest solely in apartments until I found the hidden gems of real estate: RV parks. This asset class, along with mobile home parks, are some of the most overlooked.  There’s no better way to turn a vacant tract of land into a…

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The Real Estate Syndication Structure (EXPLAINED) It took injuring my wrist snow skiing to make me realize I couldn’t work as a dentist if I couldn’t use my hands. This led me down the rabbit hole of needing passive income, eventually investing in real estate syndications. And I can’t tell you how glad I am…

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Why Do Squatters Have Rights? – Everything to Know If you’ve ever thrown a party, you’re probably familiar with the guest who lingers too long, becoming an unwanted annoyance. Imagine that frustration but on a larger scale: someone enters your property without an invitation and decides to make it their home. This frustrating scenario is…

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Real Estate Syndication vs REIT: Which is Right for You? New Passive Investor Circle members often think that a REIT is the same as a real estate syndication. If you want to check out my video breakdown on the two, take a look here:  Both investments offer unique opportunities to invest in real estate, but…

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Introduction to 721 Exchange: A Strategy for Capital Gains The 721 exchange, also known as the UPREIT (Umbrella Partnership Real Estate Investment Trust) transaction, is a popular strategy among real estate investors for deferring capital gains taxes. This technique allows property owners to contribute their real estate into a REIT (Real Estate Investment Trust) in…

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What Is Return Of Capital vs Return On Capital? When diving into the world of investments, it’s important to understand various financial concepts.  And two of those concepts I’ve encountered after investing in real estate syndications are Return of Capital and Return on Capital. While these terms might sound similar, they have different meanings and…

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How Much Do Car Washes Make? A Guide to 2024 Profits My first vehicle was a black and silver 1985 Chevy Blazer. It had chrome wheels that, if clean, they’d shine and make all the difference in the world. My personality likes things neat and clean, so I’d wash it several times a week. Back…

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How Does a Reverse 1031 Exchange Work In Real Estate? Typically, real estate investors are excited when their property sells for a profit. But here’s the deal: occasionally, this sale can be a double-edged sword. Why? They’re happy because they made money, but that happiness can quickly become deflated when they get their tax bill…

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How to Qualify As A Real Estate Professional (As a Doctor) One of the best ways to avoid taxes and build true wealth is to qualify as a real estate professional (REP). Here’s a video walkthrough of what that looks like:   With REP status, you can offset some of your business/practice income with deductions…

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What Is a LOI In Real Estate – Basics Explained In real estate transactions, a Letter of Intent (LOI) plays a crucial role as an initial gesture towards a potential agreement. Consider it a formal yet non-binding document outlining your intentions to purchase or lease a property. Although not a legally enforceable contract, an LOI…

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