Here to rub minds and learn from everyone

@Eric Hrlbock Send info if you have a chance, I don’t mind driving - especially if I can get some info on trending properties downstate from us...

Keep in mind a "deposit" is refundable, while a "fee" is not.

Would you mind sharing a more detailed rundown?

Be mindful of the harsh winters and short construction seasons, which can affect project timing.

When I was a young and eager in my 20s in Hawaii, I didn't mind showing properties, renting them out, calling the repairman, etc.

., $25 or $50)- If they use autopay for timely payments, they pay just the base rent ($1,000)In the above example, you see that a discount of $25-50 was applied in the case that the tenant chooses to setup autopay to schedule on-time payments via a given PM software.Please let me know if any software comes to mind and also any feedback on the positive incentive idea.Thanks in advance!

It’s such a great resource for learning and connecting with like-minded investors. where is your property located? 

This works with any type of appreciating property such as real estate, stocks, etcDepending on the appreciation rate, you can potentially see asset values double every 7-14 years.Likely around 7 years if the appreciation rate is 8%Likely around 14 years if the appreciation rate is 4%If you buy something for $100,000 and it appreciates to $200,000, you can potentially take a loan on the $100,000 appreciation which would not be considered a taxable event.However, be mindful that you are paying interest on the loan and you have to payback the loan but yes, it would not add on to your taxable income.

One thing to be mindful of is the cash flow of the property as you get into higher LTVs.