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30 December 2024 | 6 replies
From what I’ve heard, 25%-30% of profits is a safe estimate depending on your tax bracket.
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5 January 2025 | 33 replies
To invest in Section 8 housing, look at areas such as Cleveland, Columbus, Cincinnati, and Dayton, choose safe neighborhoods, study Section 8 standards, analyze property types, and explore financing choices.
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30 December 2024 | 5 replies
Would it be safe to purchase a new fridge, deduct maybe 1/2 of cost to replace current fridge door from the security deposit, provide receipt with explanation?
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26 December 2024 | 7 replies
Quote from @An Lan: I am not a professional real estate investor, I just invest in houses as a safe asset and do not choose to rent them out.
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10 January 2025 | 22 replies
He announces his live presence at his home office right where boats can drive by on the water, and it's not safe.
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24 December 2024 | 2 replies
Examples could include:Partnering with other investors to share risk.Using seller financing or lease options.Leveraging creative rehab techniques to save on costs.Negotiating with contractors in a unique way to reduce expenses.I’d love to hear any stories, tips, or approaches that helped you pull off a deal others might have instantly passed on.
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2 January 2025 | 15 replies
April is a safe month to "play the market" if you will, because the market starts picking up as a whole then but, a good reliable tenant to me always seems better than making a few hundred more a month.
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12 January 2025 | 25 replies
Class C transitioning to Class B: more renovated homes, higher income tenants and homeowners moving in, nice cafes, shops, restaurants, coffee shops opening up.An extreme example of Class C to B is in San Francisco - when I was a kid, what was not a safe neighborhood and had lower income people, is now in high demand and tech workers making $200,000+ are living there and people walking around at night going to restaurants and shop.
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4 January 2025 | 11 replies
I'm not sure if we can like to articles on our own websites here, so to be safe I'll just suggest the IRS web page, which does do a pretty good job of explaining the basics: https://www.irs.gov/taxtopics/tc510The main thing to know if you're going to claim business miles is that you do need to keep a log of every business trip.
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30 December 2024 | 5 replies
Use a 2nd position heloc to absorb your paycheck, once your paycheck is entirely paying off your heloc, then it is safe to advance $3000 or $5000 extra against your heloc to make a principle payment against your 1st position heloc.