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6 January 2025 | 2 replies
I think they contain solid information and will help lay a good foundation as a beginner (Haha, I'm completely new to real estate as well, btw)I'm also going to be reading the following books, and hopefully I can finish all by the end of this month:1) The ABCs of Property Management2) The Advanced Guide to Real Estate Investing3) Long-Distance Real Estate Investing How to Buy, Rehab, and Manage Out-of-State Rental Properties (this might be the most important one to me personally)4) The Book on Investing in Real Estate with No (and Low) Money DownIn addition to reading, I'm consuming crazy amounts of youtube videos, and I'recommend you do this as well.
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21 January 2025 | 4 replies
I’ve been in this unit for almost a year now and I’m thinking about moving out and renting an apartment for $1000 a month all utilities included.
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24 January 2025 | 8 replies
Full gut renovation, including but not limited to full replumb, full rewire, complete mechanical upgrades, and new apartment finishes from studs.
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23 January 2025 | 2 replies
I'm glad to be included on this platform with like minded interests.
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27 January 2025 | 5 replies
I had specifically asked for numbers including mortgage payments and they emailed to me.
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30 January 2025 | 48 replies
I also have a wide range of other investments, including stock options, which I plan to rely on in retirement.
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28 January 2025 | 19 replies
But ABNB felt so 'authoritarian' (once again for lack of a better word)....including stuff like removing my SuperHost status for a mistake of their own and not reinstating it once I proved them wrong.
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3 February 2025 | 3 replies
Weigh out all of the pros and cons (including costs) and make the decision that's best for you.These are merely my opinions and may not be the best advice for you.
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29 January 2025 | 12 replies
If you're left with $107k across all 3 units after ALL expenses are deducted (some people don't include PITI when they discuss NOI) then I'd say it's darn good.
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30 January 2025 | 4 replies
@John Zhang If your wife qualifies for Real Estate Professional Status (REPS) and materially participates in managing rental properties, there is no limit on the amount of rental losses, including depreciation, that can offset your W-2 income.