
18 November 2024 | 12 replies
Have them on standby to step in and get the process going to rent it properly.

18 November 2024 | 4 replies
Start by learning basic metrics like cash-on-cash return and cap rate, and check out resources that dive into rental market analysis.

19 November 2024 | 6 replies
Confirm with your CPA that any excess loss was reviewed for NOL calculation and properly carried forward.

19 November 2024 | 8 replies
Check with your lender and consult a tax professional to ensure proper structuring for interest deductions.

18 November 2024 | 9 replies
You will find many resources here on the forums and throughout the site as well.Personally, my short list of books to explore:Set For Life by @Scott TrenchRich Dad Poor Dad by Robert KiyosakiABCs of Real Estate Investing by Ken McElroyABCs of Buying Rental Property by Ken McElroyLoopholes of Real Estate by Garrett Sutton, EsqTax-Free Wealth by Tom Wheelwright, CPAThe Power of Zero by David McKnightREIT Investing for Beginners by Lawrence SmithWhat Would theĀ Rockefellers Do?

18 November 2024 | 9 replies
Take ownership of your mistake and learn to do the proper due diligence recommended aboveš

18 November 2024 | 35 replies
As others has shared, I am able to hook them up properly to avoid any issues with tenant installation.If a unit dies, and I do not want to replace it, I just terminate the addendum and remove them.Ā
19 November 2024 | 10 replies
. - Agreed, sounds like you don't have the time to properly vet candidates.

19 November 2024 | 6 replies
Would love to hear some feedback from BP community managing medium term rentals and or get pointed to some medium term strategy resources.

16 November 2024 | 11 replies
I recommend learning a bit on how to read the financials, but find yourself a great Accountant to help you analyze the financials and tax returns to make sure things make sense and are proper.Ā