Travis Daudelin
Renting to an in home health care agency?
25 December 2024 | 12 replies
Quote from @Carol Corbin: Hi , I’ve been looking like crazy for health care agencies to rent my home to?
Don Konipol
Passive Investor Strategies vs Active Investor Strategies
24 January 2025 | 3 replies
Not sure how many PMCs you've had bad experiences with, but we'll take exception to:"Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health)".BP seems to have more threads about screening mistakes by DIY landlords as opposed to PMCs.Now, if you'd have mentioned Maintenance, you'd get no argument from me:) Even the PMC industry acknowledges maintenance as one of the biggest challenges.Rereading my post, I kinda see how I sounded negative toward PMs.
Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
23 January 2025 | 16 replies
This active income can help me fund my retirement as well as help me get reimbursement for home office and health care premium while lower my tax liability.
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
22 January 2025 | 56 replies
I value my health and try to get 7-8 hours of sleep.
Jonathan Greene
Why You Should Never Take a Break as a Real Estate Investor
24 January 2025 | 23 replies
If your mental health is compromised by looking at deals, you should stop.
Kayla M.
College Student and soon to be Active Duty Military hoping to learn and connect
15 January 2025 | 9 replies
.: Hello Health!
Kobe McDaniel
How to get Boomers to Sell
23 January 2025 | 2 replies
Depends on their health and any desire they may have to simplify.
Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
15 January 2025 | 4 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
Erika Andersen
Advice on working with a home buyer's RE agent using an hourly rate?
23 January 2025 | 8 replies
For example we pay our own income taxes, broker splits and all of our other expenses directly out of what we make including required E&O insurance, MLS dues, licensing fees, Board of Realtor dues, continuing education costs, marketing, advertising, office fees/rent, transaction coordinator/ assistant fees, health insurance, car insurance and maintenance, gas, tires, software, retirement fund, etc.We are not W2 employees with payroll taxes already taken out of our paychecks, company-paid health insurance and matching retirement account plus a guarantee of at least 40 hours paid work per week, sick pay, paid vacation… none of that.So if you’re thinking you’ll be able to pay an hourly wage typical of a W2 hourly employee like $50-85/hr… that’s definitely not going to work.
Carlos Lez
Tenant's cosigner asking to break lease due to medical reasons
14 January 2025 | 9 replies
He will be taking a leave of absence for the year.Given the unforeseen nature of his health condition we would appreciate your assistance and consideration in addressing this situation.