Jonathan Bombaci
Spent $209,000 on Attorney Fees in 2024 – Considering In-House Counsel in 2025
This year, our management company, which oversees 700+ units in Massachusetts and New Hampshire, spent over $209,000 on attorney fees, primarily related to evictions. It’s gotten me seriously considering bringing an a...
Derrick Jordan
First time purchasing a quadraplex
Im looking at purchasing a quad that listed at 45k but needs total rehab. I know this price is too high. Im want to offer 20k owner is willing to finance. they are efficiency units 250 sqft. that will cost about 11k ...
Hunter Caskey
First-Time House Hacker Seeking Advice
Hi everyone, first time poster here! I recently started researching real estate investing and wanted to see if anyone had advice about a property that I’m considering investing in. The property in question is a fully ...
Margaret Curtis
Tax Advantages of MHP
Hi all - Have researched but can't find the answer, so hoping someone here will be able to answer: Do MHP have any or all of the same tax-advantages as other residential real estate? I know you can write off expens...
Jacob D. Lange
Tax Deductions on a New Property???
New Investor here, in contract on my first rental property.
If I do not have any revenue related to the property in this fiscal year, can I still take all the legal deductions? Do I have to wait until I can show rev...
Josh Cook
Replace 66y old Gravity Furnace with New Furnace and AC or not
Should I replace my gravity furnace from 1952 for my rental property located in Minnesota? It's 66 years old so I am worried it may just die in the middle of next winter. I'm not sure how long they are supposed to las...
Sam Mitchell
Skip the inspection, bring in a contractor?
I've made an offer on a duplex that is in terrible shape. It most likely will need to be completely redone, though the structure itself is only 18 years old. During due diligence, I'm wondering if there's any use in p...
Trevor Schmitt
Will this investing environment make or break you?
Higher cost of funds + higher operational costs = larger focus on operational efficiencyA positive that is sure to come from the rise in virtually all expenses associated with running a business is that owner/operator...
Kim Williams
looking for good, fair, and honest contractors
In the DFW area and I am looking for good, fair, and honest contractors for my wholesale deals. Any suggestions?
Julio Gonzalez
Additional Benefits from Past Cost Segregation Studies
As many investors are aware, a cost segregation study is a very beneficial tax planning tool that can create a very quick ROI. A Cost Segregation study is an IRS approved federal income tax tool that increases near te...