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24 January 2025 | 21 replies
After that's under control, focus on increasing income through additional work at your current job, taking on a side hustle, or finding ways to increase income on your existing rental.At the same time, educate yourself.
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16 January 2025 | 9 replies
I hate to say this, but if you want to get a job with Yardi as the main software, you will need to start at the entry-level accounting.
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5 February 2025 | 5 replies
If you wanted to earn $200k to live on at a W2 job....you'd need to earn significantly more because you'd have to pay income taxes, and payroll taxes on the income; where as taking on debt isn't taxable at all.
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3 February 2025 | 47 replies
Also, co-living situations or top performing short-term rentals can produce a pretty high cash on cash return but again they are pretty active with a high turnover of tenants and guests unless you find someone else to manage them and then you are usually paying a good portion of the profits to the manager.But let's say that you have a job and are not interested in fixing and flipping or a high turnover type of investment and you would rather be a more passive investor.
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30 January 2025 | 4 replies
Once an isdue is resolved, another one ruses…it seems a landlord’s job is never done.
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31 January 2025 | 19 replies
While I do believe that some of the posters on BP are able to do a quality job self managing their portfolio of STR properties, they are spending a lot more time doing it than they’d like to admit.10 years ago in many markets STR provided outsized returns.
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22 January 2025 | 10 replies
.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.
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8 February 2025 | 21 replies
They are investing in infrastructure, housing, public safety and taking the steps they need to take to attract more jobs.
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23 January 2025 | 52 replies
However, there aren't enough moderators to do the job against technology and spammers now.
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9 February 2025 | 8 replies
An accountant is a general job title that may potentially do one of many different tasks(bookkeeping, reviewing financials, assurance, taxation, etc)Bookkeepers are specific that they will likely only do the bookkeeping.