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18 January 2025 | 6 replies
Tools like the BiggerPockets calculator and books like The House Hacking Strategy can guide you further.
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2 February 2025 | 7 replies
As one might expect, there is a real tool here but it's more for niche problems than for widespread use.
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14 January 2025 | 19 replies
Quote from @Tod DuBois: Looks like everyone is using some software tools for various tasks, I'd not heard of most of them.
9 January 2025 | 0 replies
Beyond immediate safety concerns, the long-term financial implications, including taxes, are a pressing issue for those impacted by the disaster.
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13 January 2025 | 7 replies
Those that cannot weather the storm get wiped out.Having cashflow positive properties provides a margin of safety you just do not have with negative cashflow.Why are you focused on buying in your backyard?
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5 February 2025 | 13 replies
Just make sure you draft an operating agreement that outlines responsibilities and expectations.For financing, and if you choose to go through an LLC, DSCR loans will be a great tool.
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12 January 2025 | 11 replies
All of the tools that you use to try to figure out if a potential tenant will be a "good" tenant revolves around trying to answer those 3 questions.
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13 January 2025 | 2 replies
all materials, all labor costs to others, Not you, utilities, interest payments, permits, licenses, auto/truck expenses, tools needed are all deductable.
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16 January 2025 | 4 replies
* Finally, could you recommend any valuable tools or learning resources?
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29 January 2025 | 10 replies
I view it as a tool in a toolbox to help you "trim the fat" off the bottom of your portfolio, so you can keep growing with new acquisitions.