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I have an ADU next to my primary residence and often buy things for both units. I'm using Stessa and looking for the right way to record only the business expenses.Here's what I'm doing:1. Enter an inbound "owner cont...
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I bought a duplex in Colorado Springs last year with a single furnace knowing that it was old and would probably need to be replaced in the next few years.I had a few companies give me quotes on separating the HVAC fo...
Hello everyone, Not sure if this has been answered before, but as I begin to embark on my journey to creating passive income and long term wealth, I am constantly going back and forth about which method to pursue. I ...
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I am currently looking at a 15 unit complex sales prices$1,350,000. Net rents (minus 5% vacancies) is $170k expenses are $48k. Cap rate would be about 9%. I am thinking of doing a self directed IRA to pay for the d...
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What are your opinions about Turnkey vs Syndicate?ROI,risks,benefits?Any input is much appreciated!
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I am potentially interested in converting an existing Roth 401K to a self-directed account that allows for real estate investing. What is the cost/ benefit in your experience with making this sort of move? Currently t...
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How much extra $$ to get there?
Say a 1500 square foot home in Texas. Conventional building cost = $105K. How much more to get to zero energy?
Assume highly insulated, great windows in the appropriate places, shade...
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I have a handful of rooming houses with a very interesting clientele. Now that it is getting colder, tenants have started using the stove top and ovens to heat the house.
I've had more than one $400+ bill (with only...
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I am in the early stages on evaluating some investment properties. I am currently a homeowner and this would not be an owner occupied home therefore I expect to put 20% down. To fund the 20% I'm considering all option...
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Hello BP!As the title states, I have a question in regards to my options utilizing a 203k loan. I currently am purchasing a distressed rehab rental property in East Orange, NJ. The first set of contractors sent to the...