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9 February 2025 | 14 replies
If you are buying an investment property, it is a business, and if you by something you cannot afford the thought is that is on you.
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7 February 2025 | 1 reply
At a high-level, I'm looking for a single page that will show the entire health of the property, from income/expenses, to debt coverage, capex, ROI, etc.
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1 February 2025 | 1 reply
Yes not just for cash flow but for the health of the deal.
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24 January 2025 | 3 replies
Not sure how many PMCs you've had bad experiences with, but we'll take exception to:"Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health)".BP seems to have more threads about screening mistakes by DIY landlords as opposed to PMCs.Now, if you'd have mentioned Maintenance, you'd get no argument from me:) Even the PMC industry acknowledges maintenance as one of the biggest challenges.Rereading my post, I kinda see how I sounded negative toward PMs.
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4 February 2025 | 17 replies
For example we pay our own income taxes, broker splits and all of our other expenses directly out of what we make including required E&O insurance, MLS dues, licensing fees, Board of Realtor dues, continuing education costs, marketing, advertising, office fees/rent, transaction coordinator/ assistant fees, health insurance, car insurance and maintenance, gas, tires, software, retirement fund, etc.We are not W2 employees with payroll taxes already taken out of our paychecks, company-paid health insurance and matching retirement account plus a guarantee of at least 40 hours paid work per week, sick pay, paid vacation… none of that.So if you’re thinking you’ll be able to pay an hourly wage typical of a W2 hourly employee like $50-85/hr… that’s definitely not going to work.
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3 February 2025 | 8 replies
The medical and behavioral health, and helping sectors is one of those sectors.
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29 January 2025 | 68 replies
Sullivan shares data on America’s Affordable Housing Crisis.
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15 January 2025 | 9 replies
If you are following the rules then everything should be OK.This is no different than a health inspector visiting a restaurant.
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23 January 2025 | 16 replies
This active income can help me fund my retirement as well as help me get reimbursement for home office and health care premium while lower my tax liability.
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3 February 2025 | 31 replies
If your mental health is compromised by looking at deals, you should stop.