30 October 2018 | 9 replies
It's slower but if you could get 7%ish on your passive vehicle without a capital gain tax bill then that would be more than $2600/mo to dump on debt.Another stodgy but sure way to get where you're trying to go would be to take a page from Dave Ramsey and other financial planners and consolidate and eliminate debt one of two ways.1.
27 October 2018 | 3 replies
Most people on here are going toward financial freedom or have already made it and are continuing to build relationships to invest more.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/705340/small_1694885672-avatar-curtisd9.jpg?twic=v1/output=image&v=2)
24 October 2018 | 1 reply
I need some advice. I have always wanted to purchase an abandoned 18 unit apartment complex in my hometown. Now it is up for sale. The building looks to be in great shape. It will need 18 new furnaces and all new ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/544424/small_1695936634-avatar-josephb91.jpg?twic=v1/output=image&v=2)
25 October 2018 | 10 replies
I would try a home improvement store.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/814130/small_1621498390-avatar-philipo6.jpg?twic=v1/output=image&v=2)
31 October 2018 | 7 replies
And the city does impose heavy fines.Also, given the location (Central City), long term rental might be financially challenging to make the numbers work.Good luck.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/814130/small_1621498390-avatar-philipo6.jpg?twic=v1/output=image&v=2)
28 October 2018 | 5 replies
You‘ll build trust with them as they get to know you and you can grow financially and know that they will provide support.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1039531/small_1621507923-avatar-kennyd15.jpg?twic=v1/output=image&v=2)
1 November 2018 | 9 replies
Stop issuing 1099-MISC with box 7 "non-employee compensation" instead of box 1 "rent"Stop including refundable deposits in rent incomeProvide annual reports clearly delineated by propertyLearn the difference between maintenance, repairs and improvements and report accordinglyReport insurance reimbursements separatelyProvide supporting documentation: itemized contractor's invoices, insurance adjusters' reports etc
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/940920/small_1621505928-avatar-christopherr132.jpg?twic=v1/output=image&v=2)
30 October 2018 | 7 replies
They are a passionate bunch who really enjoy taking care of their homes and building their financial independence.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/818846/small_1655846563-avatar-joshd63.jpg?twic=v1/output=image&v=2)
29 June 2019 | 15 replies
The inherited tenant class, building condition, the financials and associated record keeping, bet you can't even find all the leases!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/334431/small_1694883750-avatar-jamesm62.jpg?twic=v1/output=image&v=2)
27 October 2018 | 19 replies
In this case, the owner moved in, lived there, and improved the property.