Hey everyone,

I thought I would start a thread to try and collect everyone's experiences on the best/most effective ways you have cut your expenses on your landlording business.

I'm brainstorming on the...

My wife and I are currently working with a contractor who is addressing a foundation issue with an older duplex that we purchased last fall.  Unfortunately, we discovered that the main support beams in the floor of th...

Hi everyone! Today I was listening to a couple podcasts and I kept hearing about the concept of the "freedom number". I tried to search Google on the topic and I got a lot of irrelevant links. I would like more inform...

I'm a member of a partnership that purchased several four-plexes last year.  I have reviewed my CPAs draft tax return and they have allocated 25% of our purchase price to land value and 75% to the buildings.  Therefor...

Replacement reserves are funds that are set aside from a property’s operating cash flow to fund future capital expenditures. Normal wear n tear or repairs.How much should one set aside or budget for replacement reser...

Hello All,I asked for a quote from my Property Manager on how much it was going to cost for them to turn over a property to make ready for a new renter. The quote seemed high so I was going to have some contractors bi...

Here is my scenario:- I sell my duplex which I owned for 7 years - I lived in the 2/3 portion and use the remaining 1/3 for rental all 7 years- Selling price 1 mil.- Am I correct that I can 1031 the 1/3 rental portion...

I just bought a duplex and am currently getting it rent ready (was a gut rehab with no utilities/shelving/etc.) to house hack. My goal is to replace my income ASAP. What should my next step be? I bought with 5% down c...

I just put in an offer on a rental that got accepted. The purchase price is $112,000 with no closing cost. There is a tenant in the property until Feb. 2022 paying $1200 a month.Looks like I will cash flow right aroun...

My question is how are you getting the most out of your cash reserves?I am talking about your operating funds including your short term rainy day fund like a broken A/C system.  Specifically, I am talking about liquid...