Sam Evrard
How to analyze different locations
12 January 2025 | 4 replies
With the exception of some small markets in the Southeast, places like Cleveland are the only major metro areas where a regular investor can find cash-flowing assets with a mix of appreciation.
Angelo Llamas
Taxes on a new rental
30 December 2024 | 6 replies
Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.- Maintain proper records, such as contracts, settlement statements, and promissory notes.- Additionally, you can track income and expenses consistently using software or spreadsheets.If you track everything, you could show a loss and use that to offset other earned income (such as a W2) which will net you a bigger refund.
Aeon Jones
Joining the Vodyssey Mastermind group for REI in STRs
8 January 2025 | 7 replies
Go search the topic "Lifestyle Asset University" here on Bigger Pockets and you will see a longer thread with a lot of opinions (most are not members) but still worth a read as there are a half a dozen paid members from our group who have commented on that thread.We were formerly called Lifestyle Asset University, but I didn't realize that you couldn't use the word University in your company name here in Utah so we changed our name to Vodyssey.
Brett Coultas
New member introduction and host financial question
21 January 2025 | 8 replies
And it's an asset that will grow with you for the rest of your life.
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
I proposed the question if the separation of funds was for asset protection.
Jeremy Dugan
Apsiring RE Investor // Western, MA & Northern, CT
7 January 2025 | 5 replies
In previous roles, I was responsible for the asset management, capital improvement, repair, and maintenance of an ANG Fighter Base worth over $400M.
Aaron Raffaelli
DSCR Loan for a first time REI
19 January 2025 | 18 replies
Keep working, saving money, and buy the best asset that your budget allows.
Sara Holt
First timer getting creative??
12 January 2025 | 1 reply
Reason is a Heloc generally carries a higher rate on a shorter term and "Can Never" be used as an "Asset, or for PITI reserves" which are both required when you buy an investment property.
Luisa Morejon
What to do with the proceeds of the sale of my home?
31 January 2025 | 21 replies
I would look into assets that are non-correlated to the stock market or real estate, as well as tax advantaged assets to help shelter your income.
Larissa Leeper
Flipper… ready for rentals!
20 January 2025 | 17 replies
Would love to see if I can be a great asset for you on your journey.