12 September 2024 | 12 replies
In the past, before 2018, you could deduct mileage between two jobs but never meals.You could have deductible business meals with your husband if they are occasional and have a legitimate business purpose.
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11 September 2024 | 10 replies
If balance is not paid in full by the 10th, I start the eviction process on the 11th.Even if the tenant calls in advance and provides a legitimate reason for why they can't pay until the 6th, I still charge the late fee.
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17 September 2024 | 3 replies
I purchased my childhood home from my father for about $100k less than market last June and the original plan was to hold for 2 years which takes me to June 2025, do minimal renovations, then sell and take the profit from the sale and purchase one or two more investment properties.
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18 September 2024 | 4 replies
Refinancing an investment is a good strategy to buy more homes and continue the snowball, but if you have a low fixed interest rate you would be crazy to refinance.
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18 September 2024 | 5 replies
If a deal shows a negative Cash on Cash Return on Investment (CoC ROI), analyze key factors like operating expenses, financing, NOI, debt service, and cash flow.
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18 September 2024 | 8 replies
This house was very nice and clean (build later 1980) My tenant recently claimed there is mold on 1fl (it is like basement as there is no window, it is next to garage) When i see, the mold is not only one area but it seems widely spread on the ground floor (laundry room, wall, celiling etc) Since it is OOO investment, it is not easy to deal with mold issue.
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16 September 2024 | 22 replies
Investment Info:Single-family residence fix & flip investment.
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18 September 2024 | 6 replies
I am actually an advocate for owning investment real estate in an LLC, but in a far simpler fashion than most believe is necessary.
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18 September 2024 | 3 replies
I've heard about how helpful the forums are and wanted to try posting my situation on here for some tips and guidance.I'm just starting my investing journey and my friend informed me of a house in my area that is about to go to Foreclosure.
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17 September 2024 | 7 replies
I had a lot of general real estate investing experience, but these were my first couple land flips.