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7 January 2025 | 3 replies
@Pat Aboukhaled I would ULS (unit lot segment) the primary house and include a clause in the call option that would prevent them acquiring the DADU.
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13 February 2025 | 95 replies
I even go to repeat events (free seminars etc) because you might learn one or two things new that can save you money or prevent you from making a huge mistake.
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18 January 2025 | 36 replies
In our student houses we use a programmable thermostat, but our building monitoring system has its own sensors and can override the wall thermostat and will not allow the temperature to get below 10C (50F) ... we are presently testing a new software load that will also prevent them from cooling the house too far in the summer.
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6 January 2025 | 2 replies
Keeping everyone aligned—lenders, inspectors, attorneys—prevents bottlenecks that could derail the timeline.Lastly, tackling big tasks early (like ordering inspections or raising equity) is a game-changer.
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8 January 2025 | 10 replies
If you hire a PM, your financial account structure can be simpler.If you plan to continue purchasing rentals, I like some key accounts at the "management" level (income, opex, tax, owncp, reserve)Â and only have 1 checking account per property to prevent having 100 accounts and unnecessary complexity.
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21 February 2025 | 250 replies
Step 3, is putting in place enduring actions to prevent reoccurrence.
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9 February 2025 | 173 replies
If it was ripped like the one in the pic, no wonder why it didn't taste tender enough - too much muscle and not enough fat.Â
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4 January 2025 | 11 replies
But then we have to get into talking about the passive loss rules, which may prevent you from actually being able to claim a tax loss if the deduction is more than your rental or other passive income.Or you can claim the actual expenses (gas, insurance, etc) for the vehicle and regular depreciation, proportioned by the percent of business use of the vehicle. Â
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6 January 2025 | 7 replies
But, they do get to eat a lot of pizza.Debt prevents you from becoming an investor.Â
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11 February 2025 | 167 replies
The only reason that it can't really be used as currency right now are the fees are too high because it's running into scaling issues, and the volatility is preventing anyone from trusting it as a day to day currency.