Adam Philpot
Does anyone buy class C properties? Pros and cons?
30 October 2018 | 3 replies
What’s expected expenses with these?
Mingze Wang
Young Investor From Boston in Quite a Pickle, Share Your Tips
8 November 2018 | 10 replies
I have NOT been able to do this as much as I would like to here, and it's hurt me a bit so far.I would further recommend Option #1 on your list, and I would recommend @Craig Curelop's approach to house-hacking (IMO, his podcast on the BP Money Show and the straightforward approach he lays out is pure gold for anyone thinking about househacking in an expensive metro area).I would buy my first book on basic home maintenance before I bought my first property, specifically How Your House Works by Charlie Wing.
Khaled Fawzy
Finding new Maintenance for Commercial Property
1 November 2018 | 1 reply
I still have a list of contractors (electricians, plumbers, etc) that I know and trust but it would be far too expensive for me to use them every time a tenant has an issue.
Mindy Jensen
Ep 44. DIY Your Way to FI with Tinian Crawford
10 November 2018 | 2 replies
He chose the most expensive way to get his license and parlayed it into a minimum wage job until he was a journeyman electrician.Tinian took some time to figure out his path, but is now on the way to financial independence, living the life he wants on the terms he chooses.
Eric Maury
Maximizing tax write offs
14 November 2018 | 4 replies
Are there any loop holes where a Property Management LLC can write off some of the expenses during tax time.
Cassandra Staffieri
Short term rentals New Orleans
12 November 2018 | 41 replies
Boston property is extremely expensive.
Meng Long
Should I use VA to house hack in San Diego?
24 May 2019 | 10 replies
I assume you can still take the full interest expense as a deduction to your income, so effectively you're saving money by not paying taxes (you're not collecting rent for yourself, but you are getting tax deductions for it!)
Mary K.
Who pays to re-key? Investor or PM?
2 November 2018 | 4 replies
They're a little more expensive than a standard lock, but way cheaper and faster than a locksmith.Note that these are not electronic locks (although they do offer electronic versions).
Andy Pate
What Would You Do With A Friends $100k
2 November 2018 | 3 replies
He would get his first property for his portfolio, and I increase my cash flow by knocking out my biggest expense (rent).
John Henry
Snow ball my first house or not?
2 November 2018 | 3 replies
I do also have a bit more repairs and is another reason I don't want more properties cause I'm still fixing this one and I'm doing all work myself to keep the expense low