Aidan Williams
Cleaner Making More than Property Manager
28 December 2024 | 12 replies
How can you make the business more profitable so you earn more?
Vidit Maini
Starting my small business
2 January 2025 | 14 replies
@Vidit Maini Until you are an ESTABLISHED business I would recommend just keeping track of your mileage for deduction as opposed to spending the extra money to buy a “company vehicle”.
Robert Lindsley
Tenant with two pitbulls
6 January 2025 | 25 replies
While I believe that breed-specific legislation is wrong, I also believe that, if you own a controversial breed, then you need to be an extra-responsible owner.
Ryan McKay
The Next Deal...
29 December 2024 | 24 replies
I think if you have a little extra time, operating a smaller STR business can pick up some good income.
Nick Rutkowski
Sometimes, its easier to work with problem tenants than strong arm them.
26 January 2025 | 30 replies
Because the extra family members weren't on the original eviction, I had to wait another 3 months to get them out. 6 months altogether.
Stephanie Medina
How to leverage 401k accounts
27 December 2024 | 3 replies
Instead:401(k) loans: They’re low-interest, and you’re paying yourself back.Roth rollovers If you can afford the taxes now, this gives future flexibility.Creative financing: I’ve seen clients leverage partnerships or seller financing to limit retirement fund withdrawals.One thing to consider: real estate markets today are vastly different from a decade ago.. so opportunities may require extra creativity.Have you looked into specific deals yet?
Anirudh Reddy
Who can claim interest paid on a seller finance property?
4 February 2025 | 17 replies
Im not a tax expert but it seems like this would be an important distinction as the fundamental structure of the financing is different and dictates who is earning interest income.
Patricia Smith
Any Recommendations property management comp. in Cincinnati, OH?
2 January 2025 | 13 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
Travis Timmons
AirDNA top STR markets to invest 2025
25 January 2025 | 25 replies
Sometimes I wonder if people just feel better about themselves to spend all those nights and weekends on real estate when, realistically speaking, they would have earned just as good a return (or pretty close to it) by investing in a stock market index fund and had way more free time in life I realize my premise here is antithetical to the whole notion of BiggerPockets so of course bigger pockets hates me writing this, as do all real estate agents and property managers, but it’s the truth and everyone needs to think about it
William Bohan
Long term landlord approaching retirement looking to maximize income
31 December 2024 | 18 replies
We have increased our monthly rent to price ratio from your ~0.75% to 1.1% but the leverage ate up all the extra cash flow (even if the total return is likely higher).You could be a cash buyer and go from your one property to 20 and cash flow 20000/mo but you are still having to buy and manage 20 properties.You can do better on the total cash flow in other markets or rougher neighborhoods, but the story is similar: you are getting an extra ~25-35% in income for 20x the hassle.