All Forum Posts by: Calvin Thomas

Calvin - you got to check that ego, my friend! Are you anit-books in general?
I think many people would agree with me that spending $15 on a valuable book can have nearly infinite returns to one's future. Yes, there are many free resources out there, but books are one of many low-cost educational pieces that pretty much everyone agrees are worth the cost.
Happy reading!

I didn't know you couldn't do that under an LLC thankyou for informing me. I'm from monmouth /ocean but I was not planning on investing in these areas that would be financial suicide in my position. I had my sights set on south west nj, gloucester, Salem, Atlantic, Cumberland. I'm not afraid to travel either, Maryland Delaware Pennsylvania. I'm not even sure if getting my realestate licence is even nessicery. I believe in nj I have to work under a broker for 35 deals befor I'm allowed to go off on my own (not quite sure). It was more so to educate myself and have as much information as possible befor jumping into realestate investing

I currently have a home warranty on my personal home, and have always been un-happy with it. We live in Phoenix and every time the ac unit goes out (every 3-4 years) it takes them at least a week, but usually 2 to have someone come out, look at the unit, then complete paperwork and requests to get a new compressor or parts.

I am dealing with this right now in my personal home, and am hunting for my first investment property right now. Is a home warranty worth it? I can't imagine there is not a better way to do repairs like this. Even if its cutting the warranty off, sticking to manufacture warranties, and saving the cash to pay for expenses when they come up. For a rental, I can see replacing or repairing a unit being deductible as expenses and property improvements.

If I am going to be wealthy someday, I do not want to have to wait two weeks for someone to fix my AC when it goes out in my house, and I do not want this for my renters either. What do you all recommend? What is it that the wealthy do, that I do not know?

I'm in central NJ and studying for my realestate licence. I have a small chunk of cash that I would like to invest after I get my licence. My day job is 6am-230pm so there's alot of daylight left when I get out of work. What would you do if you had to start from scratch and still work your day job?

Does anyone have recommendations on accounting software to best serve STR owners. I currently have two STR's but am looking to grow in the future and want a software that will help me to grow and automate my accounting needs.

Hi, I’m Nariah. I’m a Senior in highschool planning to go to college for Business management - real estate minor. I am interested in investing in Real estate , but I’m not sure how I would begin that journey throughout college/after. I’ve done lots of research regarding REITS as something to get started with. Just need more advice on how to get the path started. 

BiggerPockets has the perfect book for you. Check it out. I think it will answer a lot of your questions.

https://store.biggerpockets.com/products/first-to-a-million