Joe Mannino
Teenagers starting out
Hello im a 16 year old that has a dream of creating massive wealth in real estate. Im just wondering if anyone has any suggestions about what i should do, what im capable of doing right now, and how i should spend my ...
Michael C.
Is it a good idea to get an LLC when getting started?
Hey ,So i am brand new to the world of real estate and recently bought my first two family. I was just wondering if it would be a good idea to get an LLC before i started to get more investment properties? Thank you!
Chris Drury
Tax advantages for rental
Hi all
I have a previous house (now rental) that is quite underwater. I paid about 10k in repair costs this year for a new HVAC and the basement had to be excavated due to the plumbing collapsing under the house. Ye...
Meg K.
All the good ones are taken!
Hello all,
I've been enjoying all the wealth of information on this site. This summer i attempted to buy my first investment property. My market is in Rochester, NY. I get occasional emails from the agent i...
Taylor Shapiro
Possible sub2. Care to share insight on possible creative financing?
The other day I was driving through a my parent's neighborhood and found a vacant property I hadn't noticed before. I knocked on the neighbor's door and asked if they could tell me anything about the property.
...
Chris Masons
Tax question on Water Heater replacement
I have a tax question on water heater replacement. I Know it should be a capitalized expense written off over X amount of years. Last year I replaced a water heater and in doing my taxes using Turbo Tax there was so...
Jeff J.
Increase deposit for smokers?
We just got done turning around an apartment vacated by a heavy smoker. We had to wash (to get rid of the tar) and paint the whole apartment and use an ozone machine to help get rid of the smoke smell among other ...
Brian Oney
To Upgrade or Not for Selling?
We are currently working on preparing our former first-home-turned-rental-house to sell. We are getting a new exterior paint job and touching up the outside (replacing broken sidewalk and fixing negative drainage)....
Michael Morin
Upstate NY investors
Hey any investors in Upstate NY?? I’m a newbie and I’m ready to start in the Hudson valley Ny area. What are your thoughts on this market. Seems to be growing over the years and the market is hot. What are your toughe...
Payton Pearson
Third Duplex - Cash Cow Investment!
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $156,000
Cash invested: $39,000
This is a duplex on Smithville Road. I rent out one side for $800/month, and Airbnb ...