Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
23 December 2024 | 12 replies
I don't have much patience or sympathy towards the annual flood of "Terrific End-of-Year Tips to Cut Your Taxes" webinars, podcasts, articles and whatnot.
Dean Malka
Rehab costs estimations
18 December 2024 | 11 replies
Kit showers or tiling, or tiling the shower (hot mop or tub shower then tile the rest) all are different3) what is the cost to renew the floor with a LVP?
Hayat- Hyatt Barron
New Jersey Investor Seeking to Build Passive Income—Let’s Connect!
4 January 2025 | 12 replies
If your goal is passive income, it's not going to be in New Jersey when you factor in cost to purchase, management costs, and rent to price ratio, but what you can get is steady appreciation.
Jake Baker
My BRRRR Horror Story! What could I have done differently?
26 December 2024 | 18 replies
What started as a promising BRRRR ended with us making the tough decision to sell at a loss after an unexpected disaster.The Numbers:Sold for: +$230KPurchase Price: $115KClosing Costs: $3KRehab Costs: $105K ($49K original rehab, $56K additional repairs due to the car crash)Holding Costs: $31K (12 months)Selling Costs: $16KInsurance Claim Recovery: +$25KNet Income: - $16KWhat Happened:This was supposed to be a BRRRR.
Michael Plaks
RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
19 December 2024 | 13 replies
Tax breaks cost the government money, and somebody has to pay for them.
Gary Campanaro
Housekeepers want 50% without Cleaning
9 January 2025 | 17 replies
Cancellations are the cost of doing business.
Stanley Nguyen
Tax on private lending fund
15 January 2025 | 12 replies
I would suggest you up your rate from 8% to 10% to help off-set some of that cost. 10% is doable all day long here in Texas.
Don Konipol
How to Avoid LARGE Loses in Passive Investing
15 January 2025 | 24 replies
I look at it through the lens of dollar cost averaging my real estate investments.
Pete Resendez
A friend's divorce mediation and a townhouse involved
14 January 2025 | 4 replies
This will be costly in today's market and interest rates, but might be worth a shot if they can afford to stay.If they don't want to stay and you want the the townhome to rent to someone else and just want to assume the loan, well then she can call the lender and see if the loan is assumable.
Ronald Rohde
10 Year Treasury Keeps Going UP!
14 January 2025 | 0 replies
Despite rate cuts, we aren't seeing the lending market agree with their expectations on inflation.