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1 March 2017 | 12 replies
My wife says I have three of everything, she is wrong, I think it is 4.I write off all my tools regardless of their price, there is also depreciation.If you are doing the work and like tools I am always a proponent of buying vs renting, need it once you will need it again.As far as the write offs, make sure you have an accountant that plays in the gray areas, no sense in giving uncle sam more to waste.
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14 October 2017 | 26 replies
We "chose" this location because my husband was assigned there for work and we realized there were many other commuters like him needing housing and luckily nice housing was dirt cheap there at that time.Our accidental niche has yielded financial freedom, class A tenants in class B/C areas, and great cash flow of ~ $1k per house after expenses (score!).
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17 December 2017 | 18 replies
@Mark Welp There are great suggestions already provided but if those don't work and you get in a bind I've found a local title company will often help as a courtesy recording.
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24 August 2017 | 20 replies
Knowledge is power, and the most powerful investors became successful because they were willing to do the dirty work and get their hands dirty.
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9 August 2017 | 12 replies
You put in too much work and money for section 8.
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1 August 2017 | 5 replies
I found the house, he'd provide the financing, I'd provide the mitigation work and we'd sell and split the profits.
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14 August 2016 | 22 replies
You need to have enough available cash in your IRA to do all that work and make the property marketable.
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23 August 2016 | 0 replies
My goal here is to figure out how I can pursue private money investors and be able to put that money to work and earn my investors a handsome return while maintaining control of the LLC for my construction projects.
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22 February 2018 | 53 replies
My goal is to buy multiple homes with positive cash flow with the goal of replacing my income, it's a dream but I'm willing to put all the work and save $, just need some Guidance.
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3 March 2017 | 28 replies
Very little paper work and verification.