Alex Shaughnessy
My wife is opening home daycare
Good morning. Here is my situation.I am a w2 employee. All of our insurance/retirement is tied up w/in my job. My wife does not like her job and is making the leap to open an in home daycare as soon as our new house i...
Clayton Hepler
Any experience investing in Whitaker, Pittsburgh Pa?
For those local Pittsburgh investors, I am considering purchasing a 14 unit multi decently heavy value add in the Whitaker neighborhood. I’ve never invested in the area, any suggestions about quality of tenant + stori...
Joshua Whipple
Looking for advice on my first flip
Hello,I am looking to buy my first flip in the metro Detroit and was wondering if anyone could share some advice.I am looking to buy something in the St. Clair shores area, is this a good place to start?Should I be lo...
Anthony Conrad
Capital Expenditure offsets income
If my capital expenditures on a rental property exceed my rental income, can I use those expenses to offset W2 income or does it only offset passive income? I just got my first rental property rented and I’m trying t...
Account Closed
Expressing Preferences in Ad for A Housemate (CA)
Is it lawful or unlawful?For a person or household who own a detached SFR house in California, and looking for help to pay their mortgage in exchange for providing 1 private bedroom with private bath, but shared kitch...
Tyson Scheutze
Navigating Financial Uphill Battles
In this week’s blog, I am turning it over to Cole Thompson. He uses his 25 years of experience to offer insight on the parallels between the market during 2007-2012 and today’s market.
As a seasoned professional in ...
Bill Hampton
IRS Announces 2018 Pension Plan Limits; 401k Contribution Limits
IRS Announces 2018 Pension Plan Limitations; 401(k) Contribution Limit Increases to $18,500 for 2018WASHINGTON — The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for...
Frank Salgado
Health Coverage for Landlords
I'm retiring early at 61 years old and living off my rental properties, just curious what people do in my situation for Health Coverage.
Colette Major
MY COLIVING STRATEGY NOW ON THE BACK BURNING
IN 6/ 2021 BOUGHT 4/3 GREAT HOUSE, WANTED TO TRY COLIVING FOR FUN AND PROFIT. WELL, I PANICKED WHEN GOT A NICE OFFER WITH 800$ ISH CASH FLOW. NOW 2 YEARS LATER, I HAVE A PUBLIC STORAGE FULL OF BRAND NEW FURNISHINGS...
Brie Schmidt
Changing placement of door hinges
One of our new tenants complained that the door hinges are on the outside of the door and for safety reason he wants the hinges on the inside. Is there any easy way to do this without changing the swing of the door a...