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A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
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Hi. I am starting to look for my first house hack and am a little nervous on pulling the trigger while living in a different state. I work for Kiewit out of Omaha but am currently supporting a project in Arizona. I li...
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Hi All,I appreciate your feedback on my questions. Present situation: I rent 2 homes & 1 office in NYC. Long story short - Live w Wife in one, In laws in other. Future: I think i can move the in laws to another lo...
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Hi all! We have a really hard time finding a general contractor for our repair project in a buy & hold SFH in Kansas City, MO. We hired a property manager after purchasing the house and both contractors they sent ...
On last week’s episode, we talked to Dan Sullivan, author of Who Not How. This week, we’re joined by his co-author, Benjamin Hardy. Benjamin has spent the last few years getting his PhD in organizational psychology, w...
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I am brand new to real estate investing, but I’ve been listening to BiggerPockets podcasts for the past 3 months and I read 2 of Robert Kiyosaki’s books. But when I told one of my family members about my interest in ...
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My tenants always pay a couple of days late every month.
In my lease, there is no grace period and a fee of $70/day late.
I haven't charge them anything.
When they leave the property, can I deduct this late fee for...
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Hello,May I get some suggestions regarding which book I should thoroughly pick up and read and understand first? I plan to read both of them as I have already purchased them both but unsure which one to read first.Fir...
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My father died 2 years ago and left everything to my wonderful step mother. My step mother has made it very clear that the balance of her estate is to be divided 3 ways between my sister, my sisters daughter/my niece,...