Devin James
Lessons From my Favorite Books - What are your Favorites?
2 December 2024 | 4 replies
It has nothing to do with you.”The Mastery of Love: - “Selfishness, control, & fear will break almost any relationship.
Rene Hosman
How do you do bookkeeping and financial reporting for your rentals?
4 December 2024 | 30 replies
Income Statement shows a company's income and expenditures over a period of time.Balance Sheet is like the Head/Brain of the company and Income Statement is like the Body.
Chris Rendall
Issues with homeowners insurance when transferring title to LLC?
4 December 2024 | 10 replies
You probably had a little tickle in your moral compass which gave you pause, which is why you reached out.My wife is an accountant, when we look for every possible tax break it doesn't feel like theft, we feel accomplished to find a place for more savings and lose zero sleep over it.
Gabe Goudreau
Estimating Expenses on SFH BRRR Deals
3 December 2024 | 6 replies
The deals I underwrite have been cash flowing right up until I put debt service on them, even with taking a break even amount in a refi.
Jordan Sachs
Take my neighbor to civil court over dead tree?
9 December 2024 | 23 replies
If that branch alone breaks off and damages your garage I do not think you can blame your neighbor because that branch belonged to you and could have been trimmed by you.
Justin Pumpr
Experiened, but struggling REI - Advice needed
6 December 2024 | 9 replies
Take a break from larger multifamily acquisitions for now, as they may not align with your current capacity or risk tolerance.Whatever you choose, know that setbacks are part of the journey, and you’ve already gained skills and insights to make smarter, more deliberate moves moving forward.
Orchid Djahangirian
New to real estate and looking to connect/get referrals for agents/lenders
8 December 2024 | 26 replies
I want to invest with a 10-yr horizon in mind, understanding holding an asset that appreciates, while someone else pays down your mortgage, but that is if you at least break even!
Ryon Pax
HELOC Payoff Advice
2 December 2024 | 4 replies
However, when you factor in the HELOC, we have a negative / break-even cash flow (HELOC payments are about 25% of the revenue from both).
Bridger L Logan
Any success with rent by the room?
15 December 2024 | 59 replies
Its a slam dunk when you break it down into pieces like that.
Rene Hosman
How to retire early with real estate & other community questions
3 December 2024 | 5 replies
CoC just about breaks even if I assume rents are on the higher end of the spectrum.My questions are: 1.