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29 February 2024 | 4 replies
Because I have reduced my expenses to less than 500 a month, and enjoy a more frugal lifestyle as it is, I am content pooling all available income to real estate, in order to accelerate this process.
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28 February 2024 | 1 reply
I understand that the age and quality of the home will impact when these expenses become due, but I'm curious if I could get somebody in the Austin area to take a look at the estimates I put in here: https://docs.google.com/spreadsheets/d/1jgP6aod25qWJzKWQXhto...
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28 February 2024 | 43 replies
The goal of a househack is to eliminate your housing expense as much as possible.
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28 February 2024 | 16 replies
But also this could very well leave you deciding to move from older to newer properties where the risk of capital expense is much less.
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26 February 2024 | 1 reply
Hello,
I bought a rental property last year (October 2023). Can I claim car travel miles even if the rental property is not ready yet?
Thank you.
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28 February 2024 | 8 replies
(To give you some numbers we are all in at 2.1 million and it appraised just shy of $3.2 Million)This was a seller-financed transaction, the terms allowed us to use the ground as collateral and I brought partners in after I got all of the city approvals, and they took over the future expenses for the seller financing note and the other costs like engineering.
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1 March 2024 | 28 replies
Tell me the other info and I can tell you how to deduct their home, property tax, house insurance and even expense their garden shovel and garden gloves.
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28 February 2024 | 0 replies
They are expensive (don’t be fooled by the sticker price, on a per/lb basis all packaged and prepared foods are expensive) and are well…full of crap.
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28 February 2024 | 9 replies
There’s going to be a lot more expenses - especially in older properties or ones poorly rehabbed.
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28 February 2024 | 1 reply
This often only makes sense on more expensive properties like an STR vs. entry level LTR.