
6 September 2024 | 9 replies
I don't know the cost of your fridge, but my CPA would simply expense it.The funny story is a rehabbed a house, bought appliances in a refrigerator, hot water tank and depreciated the entire rehab over 27.5 years.

5 September 2024 | 11 replies
It's understandable why many investors and/or accidental landlords would opt to simply self-manage.

7 September 2024 | 11 replies
There is simply way to many things that can go wrong building a new home with zero experience.

6 September 2024 | 12 replies
I'd suggest you sit down and go through your monthly expenses and see where you are spending your money and if anything can be cut.

6 September 2024 | 8 replies
You simply have no credibility otherwise :)

5 September 2024 | 5 replies
I guarantee the month after the meters come on, the person responsible will fix their leaky toilet or cut back on consumption.

5 September 2024 | 2 replies
You can be good enough at REI that people will give you their money to invest with them giving you a cut of the profits, or wholesaling where you find a buyer to assume your contract before closing.

10 September 2024 | 43 replies
This is simply the reality of the paradigm we are living in today.

5 September 2024 | 8 replies
I've considered selling to investors, but I'm concerned they might want a substantial price cut, which is why I'm trying to sell it to residential buyers first.
4 September 2024 | 11 replies
Ignore their attitude (yes it can be hard) and either start with an eviction as they are in violation of their lease for non-payment (the $900 they owe) or simply do not renew their lease.