Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
23 January 2025 | 16 replies
This active income can help me fund my retirement as well as help me get reimbursement for home office and health care premium while lower my tax liability.
Briar Blake
Property Managers Violated Contract
25 January 2025 | 13 replies
I understand they can make our life a lot easier but is it worth it if it eats up a lot of our cash flow?
Kobe McDaniel
How to get Boomers to Sell
23 January 2025 | 2 replies
Depends on their health and any desire they may have to simplify.
Michelle Wang
Frustrated Massachusetts Landlord Seeking Advice on Dealing with Problematic Tenants
27 January 2025 | 13 replies
A common delay tactic is to call the board of health on a problem the tenant created themselves.
Travis Daudelin
Renting to an in home health care agency?
25 December 2024 | 12 replies
Quote from @Carol Corbin: Hi , I’ve been looking like crazy for health care agencies to rent my home to?
Erika Andersen
Advice on working with a home buyer's RE agent using an hourly rate?
23 January 2025 | 8 replies
For example we pay our own income taxes, broker splits and all of our other expenses directly out of what we make including required E&O insurance, MLS dues, licensing fees, Board of Realtor dues, continuing education costs, marketing, advertising, office fees/rent, transaction coordinator/ assistant fees, health insurance, car insurance and maintenance, gas, tires, software, retirement fund, etc.We are not W2 employees with payroll taxes already taken out of our paychecks, company-paid health insurance and matching retirement account plus a guarantee of at least 40 hours paid work per week, sick pay, paid vacation… none of that.So if you’re thinking you’ll be able to pay an hourly wage typical of a W2 hourly employee like $50-85/hr… that’s definitely not going to work.
Kayla M.
College Student and soon to be Active Duty Military hoping to learn and connect
15 January 2025 | 9 replies
.: Hello Health!
Jonathan Greene
Why You Need a "Deal Killer" In Your Life as a New Investor
2 January 2025 | 37 replies
But as a new investor, sometimes this advice leads you to only have cheerleaders in your life.
Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
15 January 2025 | 4 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
Matthew Allen
Is This Sale Lease Back Strategy A Bad Idea
29 January 2025 | 3 replies
Throughout the year I come across situations where people need to sell there home due to a variety or reasons, job loss, income loss, health, divorce, etc.