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26 November 2024 | 6 replies
There are definitely some pockets of fairly priced duplexes to at least cover some of the mortgage, but tough to actually come out in the green monthly if you’re living in the other unit.
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25 November 2024 | 12 replies
Quote from @Anish Koshy: I recommend you listen to David Greene's Podcast on YouTube.
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5 December 2024 | 87 replies
I'm too green to share anything about Note.
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23 November 2024 | 9 replies
Quote from @Brandon Morgan: Quote from @Jonathan Greene: So, you are house hacking in Scranton?
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27 November 2024 | 4 replies
We then cleaned all of the mold and reinsulated the attic.
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24 November 2024 | 4 replies
Quote from @Jaycee Greene: Hey @Shane Dennison.
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26 November 2024 | 4 replies
Spending more than 100 hours and more than anyone else, or substantially all the time in the business.So if you own an STR and meet the test, you can set up a tax deduction machine.Some issues -- You have to count your time, and the time other people work in the biz (cleaning, maintenance, etc..)- If use the property more than 15 days or 10% of the time it becomes a residenceI suspect this is part of why the STR trend has picked up so greatly amongst professionals working in tech.
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26 November 2024 | 14 replies
I recommend looking at reviews as well, and if they're BBB accredited - then that's also a green flag.
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21 November 2024 | 12 replies
The title company will make sure the title is clean.
25 November 2024 | 11 replies
Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)