Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
$31k after tax annual income - $11k rent = $20k or $1,600 per month net income left to cover all other expenses (utilities, cars, insurance, groceries, kids, activities, etc.).Median household income for 38128 is $41k or $36k after tax
Terrance Brewer
New Member in NJ
27 December 2024 | 13 replies
Building a network here can open doors to partnerships, mentorships, and local insights.3.Explore the Blogs and Podcasts: BiggerPockets has tons of content—blogs, podcasts, webinars—that cover everything from beginner strategies to advanced investment tactics.4.Utilize the Deal Analysis Tools: If you’re considering an investment, the deal analysis calculators are invaluable for running numbers and understanding potential returns.5.Set Clear Goals: Define what you want to achieve, whether it’s learning a specific strategy or connecting with certain types of investors.
Ana Maria
Anyone ever bought an investment property through SDIRA Wealth?
27 January 2025 | 35 replies
My tax advisor referred me to them, and I also utilized cost segregation on the properties, which significantly reduced my tax bills.
David Sam
Cost segregation study recommendations
26 December 2024 | 7 replies
Be sure to consult with your CPA to determine if you can utilize these deductions based on your specific tax situation.
Toyin Dawodu
WHY DO 95% OF REAL ESTATE INVESTORS FAIL?
12 January 2025 | 23 replies
If you have high holding costs (financing, taxes, insurance, utilities, etc.) the longer you are holding the less money that you are makingSelling profitably - How long will it take to sell?
Jim Bryant
What to Expect at Eviction Hearing
28 December 2024 | 16 replies
We gave him an old lease that said he didn't have to pay water (we newly split the utilities in the unit) and he noticed we charged him for water and then we refunded him (although he continued to send us pics of his napkin math that says we didn't refund him enough).
Suganya Vinayakam
How much new ADU build increase value of the home in california
25 December 2024 | 60 replies
Thanks The income approach is generally utilized for 5+ units.
Nicholas Nakamura
Investing in Ohio-Specifically Section 8
5 January 2025 | 33 replies
I have over 100 lots to build . utilities in place 800 people on waiting list for section we need houses.i am also a sec 8 landlord
Tiffy W.
Do you suggest renting PO Box to collect rent?
1 January 2025 | 32 replies
I utilize a PO Box as well.It wouldn't be hard for our tenants to find out where we live (tax assessor's online tool) ~ But for $50/yearly ... it gives me a bit more piece of mind :)
Craig Oram
JWB experience - My thoughts, let me know yours
30 December 2024 | 24 replies
Charge Rent - $1,699.00 ($612.40) 4/28/2020 Unpaid Invoice Fee RODGERS-- JWB Property Management Journal Entry Unpaid Invoice Fee - Unpaid Invoice Fee ($22.29) ($2,311.40) 4/26/2020 ACH ORAM-2910BROUGHAM- JEA Bill Utilities-02/19/20 - 03/11/20 ($31.49) ($2,289.11) 4/25/2020 Check 4.25.20ALL ORAM-2910BROUGHAM- JWB Property Mgmt Bill Management Fees- ($115.10) ($2,257.62) 4/21/2020 ACH ORAM-2910BROUGHAM- BVD Septic LLC.