
13 May 2020 | 34 replies
My point is that if you go at a slower rate & aim more for quality, you'll wake up one day with a portfolio you'll enjoy rather than a headache.

5 May 2020 | 10 replies
If they are paying their rent, aren't they free to keep their residence as they see fit; so long as it does not cause damage to the unit or infringe upon other tenants' rightful enjoyment of their individual units?

19 May 2020 | 53 replies
It has been an enjoyable journey so far and looking forward to the next few decades of REI.

2 May 2020 | 25 replies
I actually enjoy managing all my rentals but to be honest I feel like my work is more appreciated in my D neighborhoods where good management service is rare.

7 May 2020 | 5 replies
I really enjoy helping others buy, sell and invest.

4 May 2020 | 10 replies
I was referred to this website from a friend I met here and I have truly been enjoying learning through all of the free material, articles, and blog posts.

5 May 2020 | 33 replies
Sell it now, net gain about $40-$60K after taxes, commissions, listing price, etcTo properly and adequately answer this question, one would need to know your strategy and goals.Strategy A is based on cash flow to support living expenses.Strategy B is long term wealth building - appreciation (market and forced) combined with principle pay down, depreciation, etc.If you strategy is A, then you should sell as this will not turn out positive for several years down the road (unless you utilize some sort of house hack play, vacation rental to increase income, or any combo of increasing income and reducing operating expenses - which by the way you skipped a lot of those in your analysis so your negative monthly cash flow is actually greater than you explained.)If your strategy is B, then by all means keep it and enjoy the likely future appreciation, amortization and depreciation deductions to offset your actual loss each month until the unit goes cash flow positive.

5 May 2020 | 4 replies
Does COVID pandemic allow me an extension to sell the home later in the year and still enjoy the tax benefit?

2 June 2020 | 12 replies
@Julissa PerezIf you have the time and you enjoy learning about rules,it is not too hard to learn the rules when you are dealing with a single property.If you have no interest in doing it, I know an accountant in CT who works with real estate investors his name is Ted Lanzaro.