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Results (10,000+)
Kamal F. Sell or rent my home?
4 February 2014 | 5 replies
Worst case scenario of renting out my current home to pay for the $2200 rental property I will move into:Current home rents for $2200 (worst case) = 1475 income after taxesCurrent Home deductions (as profit above) = 500 (1500 x .33)Current Home Depreciation (@50K value) = 50 (150 x .33)Mortgage Principle Paydown = 480Total Profit = 2505Total Cost (current PITI + new rental) = 4175Net cost of living (Worst case) = 1675/moIf deduction was valued at 200K, then deduction would be 600 x .33 = 200, bringing net living cost to 1525.If rent was increased to 2500, then net cost of living would be 1475.If both rent and depreciation were increased (best case scenario) the net cost of living would be $1325/mo, and I would have the responsibility of being a landlord to a property 1 hour away, but the investment would be safe and robust, with little possibility of losing equity, and some possibility of gaining equity.I know there are other deductions, such as repairs and travel to conduct business.
Dean Letfus Memphis Terry Brown warning
1 July 2016 | 64 replies
Dean, what are you smoking there in Figi?
Jordan S. Bought 4-plex. What is the best way to transfer leases and deposits
3 February 2014 | 3 replies
She didn't like our no-smoking policy, no drugs policy and our partnership with law enforcement.
Joshua Dorkin What Business Rewards Credit Card Do You Use / Recommend?
6 July 2015 | 18 replies
The Ink Plus card, while it has an annual fee gets the edge for me since it earns Ultimate Rewards points which can be transferred to travel partners.
James Davis Problems with Airbnb Subletting
13 May 2016 | 22 replies
If the tenant is paying their rent on time and are not damaging the property who cares if they are having Aribnb guests.I stay with friends and family or do Airbnb when I travel international and don't think there is any difference between having guests who don't pay you and having guests who pay to stay in your house.Would you care if your tenant had guests stay with them on regular basis?
Denice Nagel In contract SFR in Austin..Inspection issues! Roof,No Range Vent, Others!!
6 February 2014 | 10 replies
As I mentioned they need to vent to the outside.Range hoods collect grease and smoke from the cooking area.
Matthew Paul Tenant calls , they are out of heating oil. Will I get in trouble if I winterize ?
6 February 2014 | 16 replies
What I need to invent is a valve for the water main that when the temp goes below 40 degrees automatically turns off the water and at 50 turns it on , and then have auto drains on the low points that open up at 2 psi and close at 10 psi . ( those are available) Have it tied in with an annoying alarm like a smoke detector .
Morgan Blackmore New to investing in Tacoma WA
11 February 2014 | 16 replies
and stopped after my trial period and used Bangkok as a hub to travel for a year and half which I did love.I am in the process of opening a float center in Carlsbad which has a good connection to the local crossfit gyms in the area as my business partners are tied into them.
Jason Burr Not so new member from Greenville Greer Spartanburg, SC
11 February 2014 | 5 replies
I have traveled to your area frequently in the past with my former employer and have always enjoyed it.
Mike Jones Cost of Permits deductable?
10 February 2014 | 9 replies
Its actually just a questionnaire and asks things like, "Do you have smoke detectors in each room", etcWhat would this go under?