12 October 2024 | 2 replies
Over 20,000 financial institutions are supported.How to get it: Kubera can be accessed with any web browser or the Kubera app, which is available for iOS and Android devices.Cost: Kubera is $150 per year for individuals and $225 per year for families.

10 October 2024 | 31 replies
I’m also at a life stage, where I’d prefer to just live with my partner and not rent out individual rooms in my unit.When I move out, the rental income would sometimes just barely cover the mortgage and taxes (usually not even insurance).

8 October 2024 | 4 replies
There are 7 material participation tests and these are the 3 most common for real estate investors AND you need to meet one of them: Spend more than 500 hours on your rental businessDo substantially everything for the rental businessSpend more than 100 hours on the activity and no one other individual spends more time than you doAnother way to offset non-passive income (e.g.

10 October 2024 | 19 replies
I believe we will have to get the tenants on new contracts.I haven't been to the area, but I did decide to put full trust into my mentor and the #s still cash flow, although I'm putting in more significant starting cash than I had ever planned on.I'm fortunate to have a decent W-2, and going forward I realize I really have to take full responsibility for the loan and be my own best advocate for the interest rate.

10 October 2024 | 2 replies
The owner agrees to pay the violations but I'm responsible to do the necessary post work which is to either remove the garages completely or bring them up to code.

10 October 2024 | 8 replies
Although based on Drew's response, I think our VA team members would be what he's referring to as "Remote Team Members."

8 October 2024 | 10 replies
However I recommend speaking with your accountant/tax advisor before making this determination as this may differ depending on the individual and their objectives.

7 October 2024 | 16 replies
@Jay Hinrichs thank you for the response first and foremost.True i am not under contract with the owner.
10 October 2024 | 0 replies
You’ll find like-minded individuals, potential sellers, or others who might give you a tip about a property that’s about to be available for sale.

9 October 2024 | 23 replies
@Eric Fichera Buy A/B located properties, keep up with all local permitting & licensing, use a well drafted and fair lease, don’t unreasonably withhold deposits and be a responsive landlord or hire a responsive PM and you won’t have anything to worry about.