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🏠 (Part 2) Lessons I have learned from owning & managing residential & commercial properties over the last 5 years in the Omaha, Nebraska market:We often start with & focus on the interest rate when shoppi...
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After 8 years of having Analysis Paralysis, I just pulled the trigger and jumped in. So fellow investors how do you think I did? It is not a home run by any means but a very safe bunt. AC and Heater are new with a ...
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Situation:
New investor decides they want to finally take action in their real estate journey. They've listened to countless amounts of podcasts, watched webinars and read a variety of real estate books. This investo...
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Does anyone have a generic move-out letter that basically explains the move out procedure to mom and pop tenants.I have a commercial property in which the tenant wishes to remove some installed fixtures.Some of it is ...
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There is no question that many people have built their wealth over time using multifamily real estate investments. Likewise, many people have amassed significant amounts of money by investing in the stock market. So i...
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Hello Everyone,
Greatly appreciate any thoughts on the matter.
We have a property in Big Bear, CA and it is making a small profit this year, but it is strictly an STR. We have decided to focus on Midterm rentals an...
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MARCS or straight line depreciation. So as I understand it if I use MARCS I will be on the hook for more in taxes when I sell the property vs straight line depreciation. Still with that in mind what is the preferred d...
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I am always puzzled why people allot 10% of rent for maintenance... I've talked to so many people and read so many posts of situations where the allotment is 10% regardless , eg.Imagine a situation where the rent is $...
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When I bought my first duplex I planned to house hack. My mortgage payment was a supposed $906.59, and it was, for the first two months. Then I got an escrow statement in the mail. This letter made me aware that my mo...
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Hi everyone, we are looking to get into vacation rentals in the near future. As we think through this and start reading more books I wanted to ask the community here. What have you seen that is successful and possib...