Denis Ponder
My First Year in Real Estate Investing
20 April 2024 | 6 replies
The eventual income from real estate will supplement our retirement and SS so we can do the things we want to do with our time.The best part is our kids will be in a much better place financially due to this and it can change our family tree forever.Funding:HELOC on CondoW2 JobsLightStreamEstimated Equity:4/18/2023 - $165k4/19/2024 - $207kEstimated Value of Assets:4/18/2023 - $232k4/19/2024 - $1MNothing wildly impressive for equity growth, but if our portfolio property values average 3% growth annually, we are getting $30k in appreciation instead of $7k.
Kayla Eresman
HELOC to fund Multi-family Downpayment?
19 April 2024 | 5 replies
I would supplement with some HELOC funds as long as you calculate the HELOC payment when considering the investment property.
Yue Tian
AirBnb Expense Writeoff
18 April 2024 | 3 replies
These expenses would be reported on Schedule E (Supplemental Income and Loss) of your tax return.Since you incurred these expenses before you started renting out your property, you can typically depreciate the cost of the furnishings and any improvements made to the property over their useful life.
Ken Chud
Any recent BRRRR success stories around Baltimore?
15 April 2024 | 10 replies
We BRRRR 8-10 per year and the flips supplement the money left in the BRRRRs.
Rodney West
Brrrr in Phoenix area = negative cash flow?
15 April 2024 | 9 replies
We BRRRR 8-10 peryear and the flips supplement the money left in the BRRRRs.
Joe S.
Who is investing in their own physical health?
18 April 2024 | 141 replies
I drink a greens shake, cut down on coffee and supplemented with mushroom coffee, and limit my refined sugar sweets to special events like parties and celebrations.I'm no underwear model, but I feel like this routine gives me the energy I need to keep moving right now.
Mario Morales
Is this profitable? Not sure if this is good or bad
15 April 2024 | 10 replies
See attached Supplemental Income and Loss, statement.
Mattias Clymer
Creative Deal Structure on Quad
13 April 2024 | 0 replies
My parents bought their unit in cash, I supplemented $30k and the rest was owner financed.
Nelson Badillo
Looking to house hack after starting from ground zero - Need any advice
11 April 2024 | 10 replies
With that said, I am considering jumping into a house hack using my VA Loan and then repeating the process every 1-2 years until I can accumulate enough properties to help supplement retiring one day.I am doing research on the climate of things right now in the market but the reality is I need a new place to live and house hacking seems like the best way to invest my money and lower my monthly overhead costs so I can save money.
Diane Mendoza
Tenant screening, background check on Zillow
10 April 2024 | 13 replies
If I like the applicant, I'll often eat the cost of a supplemental report.