Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
It helps streamline the entire process by tracking income and expenses automatically, which means you don’t have to manually sift through receipts and spreadsheets.
Chris Berezansky
Rental and Utility Data Request for Data Science Capstone Project
17 December 2024 | 1 reply
The goal is to determine whether the government accurately adjusts DoD Basic Allowance for Housing (BAH) rates and to develop a predictive model to calculate possible future BAH rates for specific locations.We have pulled rental data from Zillow and historical BAH rates from the DoD.
Nicolas Tow
Re Zoning Property from RS-3 to RT3.5 or RT 4
27 December 2024 | 8 replies
If not, then the path of least resistance is to simply adjust your vision so it fits better into the lot, as-is. :) A zoning change can take up to 6 months, approval isn't guaranteed (despite Aldermanic support), and potentially cost a lot of money (architectural site / floor plans & dimensioned elevations, zoning attorney, holding costs, etc.)
Chris L.
Can I deduct passive losses the year my rental property sold?
13 December 2024 | 6 replies
@Logan Allec, my accountant adjusted the taxes but I still see the same NJ carryover loss to 2018.
Karen Smith
The Rise of Private Lending: What's Your Experience?
13 January 2025 | 12 replies
I agree that rates have naturally adjusted with the rise in the Fed rate, and it seems like the 10-14% range may become the new normal for a while.I’m curious—what’s your outlook on how this rate range will impact new investors entering the market?
Alex Tang
Advice on handling homeowners insurance for a rental damaged in a fire
12 December 2024 | 2 replies
If you don't have experience, hire a public adjuster.
Ashley Wilson
2025 Goal Setting Tips for Success
22 December 2024 | 0 replies
Very few analyze the ROI of their efforts and adjust their strategy of achieving their goals at each meeting.
Keetaek Hong
Quickbooks .. or NOT for STR
9 December 2024 | 7 replies
We thought snapping receipt + sending invoice email directly to QBO was super attractive.However, we are finding QBO to be also cumbersome and pricey1) Personal credit card - If I mistakenly use personal CC, I have to manually create an entry (this happens quite often). 2) Pricey - $99/month is now really adding up.WE thought it would be a great early learning and investment to adopt QBO now as we scale (hopefully to MTR and LTR).
Kenzer Hodgson
New to STR
19 December 2024 | 6 replies
Dynamic pricing tools like PriceLabs or Beyond Pricing can help boost your revenue by adjusting rates based on demand.
Fed Finjap
Reflecting on my first year house hacking a 3-flat in Chicago
2 January 2025 | 11 replies
I made adjustments, and it paid off when I found great tenants for the third-floor unit.Improvements Add Up: From installing a shared washer and dryer to renovating my unit’s kitchen, every improvement added value to the property and increased its appeal.Stay Financially Savvy: Refinancing my mortgage and renting out the garage spaces were big wins that helped offset costs and improve cash flow.Expect the Unexpected: Maintenance surprises (like a flooded toilet or diagnosing strange sewer smells) are part of the journey.