Danna Gallow
First Investment Property!
Hey Y'all. I am @KountryNotary. I am making the transition from a Mobile Notary into Real Estate Investing. I have a great deal of experience with Real Estate Documents, strong knowledge of my local market in Southe...
Michael Plaks
Tax reform Q&A Thread 2 - Depreciation and Section 179
Colleagues and friends,The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of depreciation and Section 179 changes in...
Matt Mastrelli
Own my first deal (NJ), trying to decide to flip or hold: numbers included
Hello everyone, my wife and I are about 5 weeks into our 10 week gut renovation of our first deal. I am newer to this but have done years of research, read books, and read numerous posts on this forum. The house in qu...
Scott Thompson
First property- budget/cushion for unexpected repairs?
Hi all,I'm looking at getting my first property, but a big concern for me is unexpected expenses in the short term. What would you recommend as a cash cushion for unexpected expenses/repairs in the first year or so of...
Jimmy S.
Tenants dog scratched doors, what to do?
HelloI have 3 bedroom doors that all look like this. I used a wood marker and it seems to help out alot . How would you charge them for this? It will take me a long time to do 3 doors or should I get a estimate from ...
Vincent Carroll
Vague invoice from a contractor
Greetings,My wife and I hired a general contractor to renovate a garage on one of our properties. He provided an estimate up front , and we paid half as an initial deposit. Upon completion of the job (which was done s...
Mike C.
Best type of heating for new construction?
What would be the most cost effective and efficient heating to install in a fourplex? (Two floors, slab foundation)Electric and gas are available. Electric is ~$0.12-14 per kWh Gas is ~$9 perMCFLocation: Western PA
Rick Jones
How to write off general business expenses with several rentals?
Hi All,So might be a stupid question but here goes... What is the best way to categorize expenses that are for your overall business operation when you have several properties? For example say I purchase a printer, st...
Joe P.
Property Management Cost Build-In?
Hi all,Just wondering how other investors see this information -- I am trying to purchase a property and have built in a 10% PM cost (of rent) per month. I would do this for any property.I am planning on managing this...
Danny Randazzo
3 Reasons Why Apartment Investing is the Best Strategy
Apartment investing is a strategy used by many people to protect and build wealth. Based on my experience investing in the stock market, company sponsored 401-K, single family real estate, and other business opportuni...