Paul Novak
Small & Mighty Real Estate Investing
21 January 2025 | 14 replies
My wife and I both have jobs that pay over 6 figures and our monthly living expenses are only around $8K.
Becca Pariser
Who is responsible for back mortgage after paperwork is signed?
10 January 2025 | 3 replies
I'd look at the closing docs for something related to the pro-ration of expenses etc and see if you have anything there that could be a clause you point to for them to cover those payments.
John Reagan Johnson
Switched to a Property Manager
20 January 2025 | 8 replies
@John Reagan Johnson hope you don't mind a PMC answering, but most of our clients hire us because:1) They live out of state and don't have time & expertise to remote manage2) They don't have the time to manage3) They don't feel they have the necessary expertise and/or don't want to risk learning as they go and making an expensive mistake.Go read Kiosaki's Cash Flow Quadrant book.
Rene Hosman
What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
Your reserves should be part of the expense calculation: PITI, maintenance, capex, vacancy, property management, etc.
Jorge Caceres
Utilities included worth the risk?
7 January 2025 | 28 replies
@Jorge Caceres too bad that can be expensive.
Kate Zieverink McMinn
New to ADU - Checklist or Cheat Sheet?
17 January 2025 | 6 replies
The issue is the laws should not allow this.https://www.cbs8.com/article/news/local/working-for-you/new-...Adding a single small unit is expensive residential development.
Dave Schimmels
Investment for beginner
15 January 2025 | 6 replies
Purchase price: $85,000 Cash invested: $33,000 Cash flow is after all expenses including vacancy, maintenance, and capx deductions.
Rene Hosman
Have you ever moved your HSA to get better investment options?
15 January 2025 | 10 replies
You get a deduction for the contribution, the gains grow tax-free and as long as you use the proceeds for health-related expenses the funds come out tax free as well.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
Yes, you can deduct related expenses including gas, loan interest, insurance, etc. using the actual vehicle expenses method to deduct auto expenses for your rental or other businesses.
Kris Tohovitis
Multifamily investing advice
8 January 2025 | 9 replies
I'd expect prices to continue to appreciate, so the longer you delay, the more expensive things may be.