I created an electronic google doc time tracker: Time LogContemporaneous time log of rental real estate activitiesActivity DescriptionTenant recruitmentTenant screeningNegotiating and executing leasesOverseeing repairs and maintenanceCommunications with tenants and vendorsTravel timeResearch for potential rental real estate (pub 925)Acquiring rental real estate (pub 925)Paperwork/bookkeeping/bankingResearch and purchase of materialsRent collectionEvictionOn-site cleaningBill paymentOther:Time SpentDateMM/DD/YYYYSubmit

Hi Michael,I agree with Bruce that rephrasing other people’s content can be risky, as it could potentially lead to plagiarism issues, and it doesn’t establish your business as an authority in the field.

And therein lies the risk of high-leverage.  

@John Chapman Since your insurance payout ($300K) exceeds your adjusted basis ($50K), you’re facing a potential $250K taxable gain.

.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.

Hi all - I posted a similar question on another thread but want to approach it from a different angle.As we know Boston/sorrounding towns is an expensive market and finding cash flow is a challenge.With that said, there's potential in other cities around the country. 

Hey @Beau WollensYour numbers show a massive swing in potential profit, so refining your renovation estimate is critical.

Are there issues that you think you should avoid regardless of potential for discount? 

The investor must consider whether the potential property value increase or other benefits outweigh this loss. 

on a recent podcast Dave and Henry Washington talked about 10-15 years being a potential timeframe.