Roger Vi
What is the dollar amount on being frugal?
16 March 2015 | 5 replies
This includes our primary home mortgage, food, gas, car expense, home bills, cell phones, restaurant budget, entertainment....
Richard Durant
Paid off rental, what now?
17 April 2017 | 9 replies
I don't think I want to invest in more real estate in this area as I am afraid a earthquake would wipes out my eggs basket.Another mortgage seems like a lot, I think I am reaching my limit... but definitely something to think about.
Joshua Gordon
Need help with Excel...
9 March 2014 | 6 replies
Each little piece of info is in it's own cell.
Stephen Leblanc
mtg on rental properties
7 November 2007 | 17 replies
You can sell all of them and use a 1031 exchange into a completely passive TIC deal that pays out a check each month/quarter.You can buy and sell without holding, pay your taxes as you go and build up a retirement nest egg.
David Stone
Two phones?
23 September 2016 | 11 replies
Google voice for the office and my cell for actual tenants.
Ryan Moran
Accounting for a dummy - how do I keep track of my first rental?
30 November 2015 | 18 replies
, bite the bullet and get an accounting software package - - at least you can generate reports correctly and start to see that you may have entered data in the wrong places.Excel can do the job - - If you aced Accounting 101 AND master all those formulas and cell referencing technique.Upon install, run the Wizard and pick Real Estate or Rentals to setup the accounts for you.
Deborah Burian
Help Please - Vapor Barriers
15 October 2013 | 13 replies
We have been through a few renovations of older buildings (1937 would not even be considered middle aged around here) with {live edged} planked sheathing - some balloon framed, some more similar to modern construction.In your situation, I would take the entire wall section back to the studs and outside sheathing and use a closed cell spray foam insulation {if budget allowed, I might take the entire side of the house or entire house back to the studs}.
Michael Bertsch
Cell phone deduction
30 June 2017 | 4 replies
From what I understand, a cell phone is not listed property and you do not have to keep track of personal/business use.
Seth Thompson
Does percentage still matter if the profit is high enough?
14 July 2017 | 13 replies
And all of your eggs, presumably, are in the one basket so there's no amelioration of risk with diversification.
Tim Carlson
How and where to find a good mentor
15 October 2019 | 9 replies
The investor's name was Rich and Rich gave his cell number to every single person who asked.