Simple answer might be: consult CPA / get one. I'm trying to see if there's a rule of thumb of sorts.I recently rehabbed a home late last year, and spent a lot of money doing it (it exceeds my income from my normal jo...
Recently I leased my first rental unit. The tenant moved in in the middle of the month of February. Right out of the gate she was unable to pay rent for March until half way through the month. I was understandi...
Hello everyone, I’m new to the forums but I’ve been reading, studying, and listening to podcasts for about a year now. Anyway, I could use some input to make a decision about what to do when my current flip sells. I...
I am currently liquidating my portfolio, which formerly held my rentals. I was able to package three of them in one deal, which ended up breaking even/not profitable (A little bummed on this one since I think the buye...
The history of markets tells us that we will always have a crash.
This graph shows total consumer debt in the US since 2003
Housing crashes come from over indebtedness, this graph shows that US consumers have mo...
I’m struggling with time management right now. I’m trying to balance my W2 job, exercise, family, investing activities and education. It seems like I could use a 48hr day instead of 24. I’d love to hear what experienc...
Hey everyone, new to rentals on my end. Im struggling to get my cash on cash over 9% when evaluating 15 year mortgages. I'm looking to build my portfolio of rentals using only 20% down for each. I have solid job incom...
Need help and Going broke. Don’t know anything about real state Any tips, investing and or buying/ flipping houses ?
I'm conflicted BP. There's a legal triplex I'm looking at that would cash flow with my financing, market rents and expenses, BUT it's priced at or above market with at least $25K in renovations conservatively. I just ...