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2 January 2025 | 1 reply
I have dabbled in real estate, but never heard of brrrr before now, and transparently never did much research outside of knowing that property ownership was a way to reduce my taxable income.
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2 January 2025 | 14 replies
Contributing to a Solo 401(k) or SEP-IRA can reduce taxable income, and Section 179 or bonus depreciation lets you deduct equipment costs upfront.
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6 January 2025 | 28 replies
Then ask them what your options are to reduce payments in the future.
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6 January 2025 | 8 replies
Focus on optimizing the current fourplexes (improving rents, reducing expenses).
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4 January 2025 | 0 replies
I am a licensed real estate agent as well, so I handle my own properties.
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5 January 2025 | 12 replies
To intentionally reduce the leverage more than required is a foreign concept to me especially in the San Diego market.
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1 January 2025 | 12 replies
This takes a little more work, but it's the fairest and reduces the likelihood of tenants that squander utilities.If you choose #2 or #3, there are considerations:Start with an average.
4 January 2025 | 7 replies
Account Closed Thought of interning at a title company or attorney's office who ever handles it in your area?
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2 January 2025 | 2 replies
We have a Chicago general contracting business, and handling the field operations is a ridiculously heavy lift.As far as finding customers I think you'll have some good success with gorillia marking at some of the local investor meetups.
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8 January 2025 | 9 replies
you can always call or email the tenant in regards to this matter. i personally smoke as well and just would want my tenants happy and not feeling accused as its a big problem with a lot of tenant v landlord situations around the country. you can always say you got a report of the odor of weed and was just verifying the smell with both tenants on the property. you can restate your conditions with smoking. you can always ask if they are legally able to do so as well (meaning medical card). depending on how you want to handle it, if you want to make it a legal warning to the tenant as well, you should write a written letter sent by mail stating you got a report of weed and this is a written warning in case this a problem down the road, you have evidence to show the court if it gets to that matter that this is not your first occurrence. best of luck!