
3 February 2025 | 11 replies
Also factor in if the rents jumped a lot and if that would lead to a vacancy, which will cost you more in the short term.

29 January 2025 | 5 replies
If you paid $950k and only get $1M after selling costs, don’t bother with the 1031.

30 January 2025 | 2 replies
Option 2: Electrician recommended mini splits - said 2 units should do the trick and would cost around $6-$7k.Heating system 2 is forced hot air oil furnace specifically for the 3rd unit.

29 January 2025 | 6 replies
That's not the same as paying cash.According to a different post, your credit card debt costs you $600/month.

3 February 2025 | 5 replies
Connecting with experienced investors or joining local real estate groups can provide valuable insights and help you avoid costly mistakes.

6 February 2025 | 5 replies
There's other items such as this where it may be helpful to talk to a CPA/EA for a little tax planning, especially since you'll likely get caught up in the passive activity loss limitations if taking bonus on a single rental property as I often see.It's also useful to mention that even if you do the cost seg study (I'm assuming you're doing one to be talking about this), you'll still benefit from accelerated depreciation in the form of shorter useful lives on the assets where you received bonus from.

28 January 2025 | 1 reply
The cleaning costs alone were over $9k.

2 February 2025 | 5 replies
I feel like there's still people trying to make BRRRR deals work close to the city and the truth is it's nearly impossible given prices, rates, and the cost of construction.

8 February 2025 | 12 replies
Pyment is $1,054, but $625 is interest.If you sold current house and bought new one with same mortgage amount, but current interest rate of 7%, the payment would be $1,663, interest amount $1,458.So, the interest cost difference would be $833 month!

30 January 2025 | 56 replies
I have been in Milwaukee WI for quite a while as investing in my backyard in NY is cost prohibitive. good luck on your journey!!!!