Karen Kasjaniuk
Accounting for lawn equipment (expenses)
I have created financial statements for our personal family, and each of our three rental properties. We recently purchased some lawn equipment (expense, not capital) that we will use solely for the existing and futu...
Denise Fisher
This was my first deal.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $42,500
Cash invested: $6,000
2 bed. 1.5 bath townhome.
What made you interested in investing in this t...
Account Closed
How much in reserves do you have?
Hey everyone! I have some cash to start spending on several more rentals properties but I don't want to overleverage myself. How much is too much leverage for you guys? Do you follow Dave Ramsey's rule of 3-6 months "...
Andrea Williams
Tax question from a newbie
My husband and I bought a commercial property in February that’s doing well, but now we’re about to buy our first SFR, and it’s a unique situation. We’re purchasing my husband‘s grandfather’s home from his mother. We’...
Peter Shannon
Financing question about using a heloc for Omaha property
My wife and I own a home in Goodyear with about 120k in equity. We also have about 30k saved up in cash. We are looking at properties in Omaha for under or around 100k. We want something turn key preferably with tenan...
Jake Celler
What will happen when forbearance ends? Bubble?
There has been a lot of speculation on what will happen in the housing market during 2020. Personally I am waiting for a critical point that will likely tell us a lot about COVIDs impact on real estate. The end of for...
Alex Silang
If using a management company, what work do you still have to do?
1) Taxes - Uncle Sam needs to be paid
2) Cashing rental checks? How does that work, can you have the management company collect checks?
3) Keeping the management company honest, and switching if need be...
Leonardo Cadenazzi
Yellow letters
Hi,
How often do you send out your direct marketing letters?
I am planning on mailing to the same one thousand leads at least seven time, i have heard from multiple sources that that is "magic" number. ...
Mat O'Grady
Eviction in CT and Stipulated Agreement
Hello Everyone,
I am in the process of my first eviction. I have gotten to the stage where I have denied their special defense and a meeting with the housing counselor is being scheduled to see if we can come...
Chris Fillingham
1 BRRRR in St. Louis -
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $73,000
Cash invested: $64,000
My first BRRRR had all kinds of surprises and unexpected twists and turns. I thought...