Debbie Berg
building more vacation cabins as a tax shelter?
24 July 2019 | 8 replies
Congrats on coming into some money this year and if you are passionate about what you put your money in, don't let the tax tail wag the investment dog as they always say
Bruce Petersen
Austin Multi Family Meet-up "Apt-Guy"
16 November 2019 | 2 replies
My background and passion is teaching and have mentored people in MF for years, both formally (for a fee) and informally.At this time there will be no charge for the meet-up and it's content, just wanting to give back and help others along the way.My Wife and business partner is a CPA with a background in MF tax and audit so she will be adding tons of value as well.The first one or two will be a welcome and get-to-know-you thing unless it looks like it's going to be well attended, if it is well attended then we will try to provide some high level insights and knowledge.
Bruce Petersen
Austin Multi Family Meet-up - "Apt-Guy"
22 July 2019 | 1 reply
My background and passion is teaching and have mentored people in MF for years, both formally (for a fee) and informally.At this time there will be no charge for the meet-up and it's content, just wanting to give back and help others along the way.My Wife and business partner is a CPA with a background in MF tax and audit so she will be adding tons of value as well.The first one or two will be a welcome and get-to-know-you thing unless it looks like it's going to be well attended, if it is well attended then we will try to provide some high level insights and knowledge.
Komi Agbodzie
Self directed IRA investing
25 July 2019 | 8 replies
I'm considering doing some investing using a SDIRA, but my business manager of over 20 years says he is "not a big fan as I've seen them attacked by the IRS on numerous occasions".
Bryan Bravo
Air conditioner damaged
22 July 2020 | 6 replies
I had her defrost the unit by switching the unit to fan.
Jonathan Lewis
[Calc Review] Help me analyze this deal
29 July 2019 | 11 replies
Add on water boilers, siding, installing a furnace, painting the entire exterior, etc this expense can add up over time, so increasing it can't hurt.(2) I am a big fan of having a misc budget of $50/unit/month.
Joshua Meisner
VBRO/AirBNB Questions to ask
23 July 2019 | 12 replies
We recently have refinanced to go into real estate investing, as we had a very large amount of equity and wanted to hopefully speed up our path to retirement.After discussing multi-families and placing offers on properties it is almost un-reasonable in the area I am in to invest in a multifamily due to the amount of work needed or the price listed right now.This brought me to looking into vacation rentals and possibly getting into condos to start in high traffic vacation areas that are close enough to me so if I needed to fix something I can be there in a couple hours, but far enough where I wont be able to clean them regularly.I have listened to advice from a few sources and decided to schedule a meeting with my CPA, who has done wondering guiding my parents in BRRRRs over the years to allow them very early retirement.I also have the opportunity this week to talk with a very passionate Vacation Rental guru in the area I am looking.What questions would you suggest asking these people when it comes to your first vacation rental - I have a list started but I know I am not covering everything important.
Jake Rhodes
Bank will refi on Cost of home + repairs ONLY not Appraisal
23 July 2019 | 8 replies
This was the first bank I talked to and I wasn't a fan of the response, as it won't be conducive to the strategy.
Anthony Iaccino
marketing for tenant buyers for lease purchase {options}??
25 July 2019 | 8 replies
I'm not a fan of bandit signs, although I'm sure others are.
Landon Owens
Rent or buy for three years
25 July 2019 | 5 replies
In general, and less numerically, I'm not a fan of buying a primary home.