
27 October 2024 | 3 replies
(Meanwhile I had to pay a "rent" that went into an account for major repairs) Me wanting a nice house to raise my children put a LOT of my own money in for cosmetic repairs and the house is now worth more than double the original purchase price. $219k - now $500k market price in very southern Maine/NH border.

24 October 2024 | 19 replies
This seems to be a result of some smart accounting moves on my part, thanks to an investor-savvy accountant.

24 October 2024 | 7 replies
., I definitely agree with the accounting piece, what are you thought on the legalities side of this.

24 October 2024 | 18 replies
When I go to Tools/Pro Partners/Home Depot and click on "Activate Perks" it has me sign in to my Home Depot account.

30 October 2024 | 28 replies
Our model is basically 2 people to a room, each individual pays $175 a week, each house has a manager (who lives free of charge)that handles intakes, discharges, accountability, checking chores and collecting the rent.

26 October 2024 | 10 replies
We do get a better fee/split structure, and that's a fair trade for the extra work of managing a large investor base and it's associated extra accounting and tax reporting overhead.I also find the advice in the OP to be contradictory.

27 October 2024 | 16 replies
My advice is: If you are managing from a distance, you need someone with a high level of accountability and close proximity to care for your assets.

28 October 2024 | 40 replies
We want to hold people accountable-- if you can make money on selling that ********, you can eat some crow when the chickens come home to roost.

23 October 2024 | 19 replies
@John CarrI recommend finding an accountant who specializes in real estate taxation and tax planning.

29 October 2024 | 15 replies
It could be this was a standard periodic reassessment to account for market value increases and there's nothing to fight.