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Results (10,000+)
Dustin Awtrey How am I taxed? Can I pay myself a salary?
20 July 2018 | 14 replies
However you are fined by the govt for not being on Medicare and insurance companies won’t cover you for expenses that Medicare should pay.  
Anthony C. Cap Ex and Maintenance in Rochester, NY
19 July 2018 | 3 replies
Set aside something each month to cover for it when it does need repair or replacing.Hot water tank: 10-15 yrs max life, $650 if installing yourself, otherwise $800Furnace: also 10-15 yrs max life, $1500-$2000Roof: $7000-$17000+, depending on size and condition.  20-30 yrs max life.  
Greg W. Renting office to your property manager
19 July 2018 | 0 replies
Will also want to consider putting clauses in place to cover if I sell the building or we end our owner/manager relationship, the lease could come to a end.Thank you
Raj Ramachandran Moving to California from the midwest.
23 July 2018 | 4 replies
Plenty of homes rent for less than a mortage would be and it wouldn't be hard to cover the rent with some investment in the Midwest.
Will Crayger House Hacking as a Beginner
19 July 2018 | 4 replies
Obviously, the deal would have to be such we can cover most if not all of the expenses off of the rented units, but if not, could we possibly AirBnB the unit listed as a primary residence to make up the remainder of expenses, or for additional cash flow? 
Tony Mai [Calc Review] Help me analyze this deal
21 July 2018 | 2 replies
 $2,595 might not cover everything that you may have to repair or replace.  9 units!  
Tony Mai [Calc Review] Help me analyze this deal
22 July 2018 | 23 replies
Especially since this is not in the best neighborhood you are probably looking at higher than expected costs due to turn over.Also if you go down this road charge High Security Deposit cover your back side because you will be using those funds to make ready the unit when they move out in most cases.
Ryan Chandrapaul Purchased my first investment home - What should my next move be?
14 August 2018 | 1 reply
I’m renting 1 room out for $950/month, condo is currently cash flow negative by ~$400/month but I don’t mind because a stipulation to my loan (VA Loan) was that I needed to live in it for one year, I’m currently paying $1650 to cover the rest but a 1 bedroom rental in this zip would be upwards of $1,800 + utilities) Currently working 3 jobs and running a small online business to save as much as possible to make my next move.
Steve C. What's your better return- Invest in tax liens or pay down PMI?
2 August 2018 | 10 replies
If I've been saving to re-invest and after paying down the principal still have enough to cover maintenance, vacancy, etc. over the next year, this strategy should allow me keep more money than using that chunk to buy tax-liens at 12% locally, then of course need to pay taxes on my gains. ($3,346.07x.12=401.52, 401.52x.78=313.19)To dig a little deeper.. here is another question for you. 
Account Closed Newbie Mistake? Repairmen and Damage
17 November 2018 | 5 replies
We use this electrician all the time, so I tend to believe him, although he could be trying to cover his posterior.