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31 January 2020 | 11 replies
(truly want to hear)I can be very intense and passionate when it comes to putting all my energy and effort into things (Just bought David Greene's book, got "Rental property investing" by Brandon, became a Pro member, and already starting to practice running numbers with the BP calculator all within 3 days).My action steps (things you may all PLEASE hold me accountable for) are to:- Be known on the forums (I will ask many questions)- Run at least 100 deals in the calculator for practice by March 1st, 2020.- Purchase my first property by June 1, 2020THANK YOU!
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16 January 2020 | 11 replies
Reduce overhead: stop eating out, move somewhere cheaper, drive a terrible car, cut cable, sell your TV, etcMake more money: get a job promotion, work overtime, flip homes, deliver pizza, etcDetermine what is your highest dollar producing activity and do it as much as possible.
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2 June 2020 | 29 replies
Doing that was the only thing that has reduced the smell, so I'm 99% sure the smell is not coming from the finished space.
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17 January 2020 | 9 replies
I do not allow pets- I have now renovated 5 of my past pet-friendly apartments and they leave a lot of damage and some that you do not see on first blush or that can be temporarily masked with a good cleaning.I am a minority in my market and it significantly reduces my applicant pool.
17 January 2020 | 1 reply
Possibly a reduced cost because perhaps the agent offers a reduced commission to seller.Cons of using listing agent--1.
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21 January 2020 | 7 replies
Those that do stay in the casino hotel may get reduced rates if they're regular players.
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11 February 2020 | 14 replies
However, given the lower expenses, reduced competition, and ease of management, it might be worth seriously thinking about looking at more of them.
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18 January 2020 | 3 replies
@Eva Hambrick a few things...First, I obviously want a CPA who is a experienced in rental real estate; including things like depreciation, capital improvements vs maintenance expenses, passive activity losses, applying 1031 exchanges, etc.Second, as both a business owner and real estate investor, I want my CPA to understand that I have both earned income and passive income, and help me strategize how to reduce my tax liabilities from this standpoint.Finally, I want my CPA to be proactive in helping me plan and manage my tax strategy as part of my overall financial health all year long, not just file my tax return in April.
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19 January 2020 | 1 reply
It seems to me that this is a good thing because her debt is reduced, she'll just have to wait a little longer to save up for her down payment again.
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22 January 2020 | 22 replies
Perhaps they do it to save energy.