Jason Fontela
MTR Arbitrage Rental Agreements
24 September 2024 | 2 replies
The furniture in the unit is ours, so we are responsible for that.We do get a separate lessee insurance policy on the furniture and such that we've placed in the condo, and we require our sub-lessees to get a policy as well.
Austin Bird
Is this a good estimate for expenses or overkill?
23 September 2024 | 4 replies
The one in my own house is 21 years old!
Tomas Nuno
Is it possible to house hack with you partner?
23 September 2024 | 21 replies
This is in the short term and long term.2.
Matt Giordano
Bed & Breakfast Investors
24 September 2024 | 3 replies
Looking to purchase one and struggling with the right calculators to determine the real metrics.As I understand it (recently looked at buying a former bnb) you need to treat it like any other STR with your extra costs such as food, etc baked in to the expenses.
AJ P.
Bathroom Remodel Suggestions
23 September 2024 | 2 replies
It’s so small and the only bath in the house so I want to leave the tub.
Varika Pinnam
New construction or older property?
23 September 2024 | 13 replies
Not too sure about other areas in the country.
Don Konipol
How Small Time Residential Real Estate Investing Became a “Thing”
23 September 2024 | 4 replies
The few individuals investing in real property in a small way were few and not organized into any recognizable grouping.In 1957 Bill Nickerson’s book “How I Turned $1,000 into One Million in Real Estate in My Spare Time” was published.
Chris M.
Betters Left Main CRM Review
24 September 2024 | 12 replies
You need to know wheather a CRM is right for you in the first place.
Melanie Baldridge
Did you know this about Gas Stations?
24 September 2024 | 0 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the current bonus depreciation rate at 60%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.