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8 February 2025 | 1 reply
What tools or methods do you use to verify income beyond traditional documents?
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18 February 2025 | 1 reply
Thank you to the Brrrr method and a great team, we've been able to grow quicklyUnfortunate though, we have had a less than pleasant experience with our current property management company.
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18 February 2025 | 7 replies
What alternative method(s) would you recommend for beginners?
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18 February 2025 | 0 replies
I plan to utilize the BRRRR method in and around the Augusta area through a SFH or duplex.
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15 February 2025 | 10 replies
They will have systems in place to find off-market deals so you can analyse where the numbers are more attractive for you.You can also try the wholesaler list method.
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17 February 2025 | 9 replies
It's still my favorite investment strategy.
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17 February 2025 | 6 replies
.✅ Indirect Expenses (Office Overhead, Admin, & Labor): Harder to allocate, but common methods include:2) Common Billing Methods🔹 % of Gross Rents – Many PMs charge 3-5% for admin overhead.🔹 Per-Unit Fee – Flat $10-$20 per unit/month for shared costs.🔹 Time Tracking – Track staff hours and bill properties proportionally.🔹 Software Tools – AppFolio, Buildium, Rent Manager allow bulk allocations.3) Best Practices✔ Use a Spreadsheet or Software – Track expenses by property before invoicing owners.✔ Be Transparent – Define billable vs. included costs in your PM agreement.✔ Avoid Surprises – Owners expect clarity on additional charges.
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14 February 2025 | 1 reply
Like there are so many different routes you can take I understand that but I would like to know more about the brrr method and things in general as far as getting started.
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30 January 2025 | 12 replies
Quote from @Min Zhang: Cincinnati is one of my favorite cities to live in Ohio.
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17 February 2025 | 5 replies
Commissioner, 73 T.C. 766 (1980), specifically confirmed that rental management activities can qualify for the home office deduction, regardless of passive income classification.Key Considerations: 🔑The space must be used ONLY for rental managementNo personal activities or other business uses allowedMust maintain solid documentationActivities should be regular and substantialPro Tips: 💪Consider the simplified method ($5/sq ft, max 300 sq ft)[Rev.