Steve S.
What type of locks do you use for external doors on your rentals?
25 January 2025 | 18 replies
the electronic keypad locks so don't have to deal with keysbut keep in mind batteries need to be changed like once a year
Joe Ziolkowski
Glad to be here!
26 January 2025 | 1 reply
Please keep those posts in the Classifieds forum.Need a spreadsheet or form?
Daniel Madhavapallil
House Hacking and Tax Strategies
23 January 2025 | 11 replies
Keep track of 3 buckets.1) Owner occupied portion - potential deductions for schedule A2) Tenant occupied portion - potential deductions for schedule E3) Jointly occupied portion - likely prorated for both schedules.There are nuances to this, so I recommend looking for a tax pro who can coach you on this.
Denise Carringer
Owner financing payment tracking app?
21 January 2025 | 18 replies
It is an expense, but they keep it all legal and compliant.
Chad Jones
HELOC to fund a rehab?
28 January 2025 | 11 replies
My vision is to keep it a while (it’s paid off) and use the cashflow to help with my kids college.
Mike Levene
Most efficient source to pull funds from for a down payment?
23 January 2025 | 7 replies
I believe interest is tax-deductible if used for property improvements or purchases, and it gives you quick access to funds while keeping your stock portfolio intact.Private Money Loan: If you have a trusted partner and terms that work well for both parties, this could be an efficient solution without tapping into your other assets.
John ONeill
What Makes a Contractor Truly Great? Let’s Chat!
18 January 2025 | 2 replies
Clear CommunicationA great contractor is easy to talk to and keeps you in the loop.
Stephanie Medina
Is it a bad idea to convert this LTR into a STR?
26 January 2025 | 17 replies
That isn't a bad way to keep folks happy and make sure they want to leave a 5 star review.Yeah, the toilet is one thing but the tub, whew.
Drew Sygit
Why are Newbies Using Invalid Investment Assumptions from 5+ Years Ago?
20 January 2025 | 14 replies
Too many newbies seem to think they can blindly follow "old" advice in today's real estate market and be successful.Many, basically get taken advantage of by those in the industry that have an incentive to keep newbies blind to new realties, just to keep their good times rolling.What many newbies have figured out is that they can't make the numbers work on rental purchases in their states - like California, Arizona, New York, New Jersey, Washington, etc.What they have NOT figured out is that if they go to cheaper markets, they aren't being shown Class A rentals to buy.