Quote from @Troy Bailey: Quote from @John Underwood: I don't track my time.

Quote from @Hares Najand: Currently, there's only one water meter for the entire duplex, and historically, I've been responsible for paying the water bills every month.However, I believe it's time to transition to a system where the water bill is split between the two tenants.

Quote from @Chris Seveney: @Ray HageI agree as I would stay away from condos as between special assessments and increase of fees, what is the risk vs reward.Many of these buildings are run by people who are not property managers or have development experience and lack the knowledge to properly run the propertyAlso many don’t realize that on older buildings your initial estimate will be 30-50% less once the work starts, especially on older concrete buildings that are susceptible to deterioration due to the weather in these areas (especially the salt)I agree with you Chris. 

Quote from @Marc Shin: I work a W2 job and pay a lot of taxes.

Quote from @Aaron Bihl: I buy quite a few lots in and around the San Antonio area. 

Quote from @Margaret Blythe: Quote from @Bob Stevens: Quote from @Margaret Blythe: Is anyone making investment decisions based on climate change?

Quote from @Micah Wieden: Situation: How to acquire a loan with a new LLC unable to approve income?

On the typical value-add I've seen, people are pouring about $10K+ per door into upgrades.

Quote from @Melanie Baldridge: Did you know that Limited partners or real estate investors can absolutely benefit from depreciation?

Quote from @Elwin Green: Happy Friday!