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I'm growing my rental portfolio and I am a little confused about how to handle my taxes.
With Maint expenses do I need to record them as they come in and then deduct from Income for my taxes?????
OR.
Can I put asi...
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I've been waiting to post this for a while, as the details were a bit fuzzy. But there's a new sherif in town. Google the term "Google Vacation Rentals". You will see various properties listed for any area that you ...
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Any thoughts?
My electrician is recommending that we rewire the entire house bc the existing wiring is copper but does not have a ground (built in 1968). We plan to BRRRR this one. He says it would improve home res...
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I've been reading through the forums regarding naming a business. I know a lot of seasoned pros look down on the newbies (no offense, that's just how some of the posts come across) but we all have to start somewhere! ...
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So I have been actively looking for good investment properties for the last two months. I went and looked at two yesterday that were still tenant occupied. The standards of living are so crummy at the houses that I wo...
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I am renovating a 40 year old house and the HVAC system and electrical system are the original. Since my background is in Electronics and IT is this something I can tackle myself? I have a $20,000 budget and so far th...
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After such a positive response from my first thread on the BRRRR model in Metro Detroit, I wanted to share a new strategy that I've successfully implemented into my business which will MAXIMIZE CASH FLOW from small Mu...
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I am finishing my first year as a real estate agent and am hitting a block with follow ups on leads. I focus my business on door knocking, cold calling, and my sphere, with the intent of purchasing physically distress...
So often people will make plans and write down what they hope to achieve. It can be shown that this is a good way to succeed, but many fail to accomplish their goals.
I hope to use this thread to discuss ways to mak...