Bryan Hancock
Generating Large Depreciation Expenses With Positive Cash Flow
We're doing some planning for next year to reduce taxes and I was hoping some of our more astute investors could give me some ideas about generating large depreciation expenses to reduce passive income. The following...
Charlsi Kelley
Putting it all out there....
Good morning! Does real estate strategizing keep anyone else up at night!? I am going to lay all of my chips out for the world to see here....I need some feedback before taking the leap:The place we are under contract...
Christian Albright
Thoughts on leveraging current equity to purchase REI?
Hi everyone,My current strategy is house hacking but l realized recently that it’s hard to make a property cash flow with current real estate prices. That being said my property has gained a lot of equity since I boug...
Tim Kappel
Questions to Ask Lenders/PMs/Contractors
HelloAs I start out in this career of a REI, I am looking to interview some people for my team. I have a list of questions that I have put together form books, forums, podcasts, etc for 3 key players on any team. Do...
Chris Coltrin
Tenant rent price Negotiating question
If you have a great Tenant, but need to raise rent by $450 and they are unable to come up with it do you negotiate rent to keep them, and ask them what they can pay or did you looks for new tenants who can pay the inc...
Andrew G.
Quadplex Calculation Review and Input
All,
I'm considering an exciting opportunity to buy 3-acre lot adjacent to a K-8 school. This lot is unique because there are no other neighborhoods within walking distance, except for this one. The asking price is $...
Mark S.
Pros/Cons of Lease Renewal in November
My first turnkey rental is coming up on one year in November. These tenants are a couple with two small children making a combined 5x the monthly rent. So far, they’ve paid on time each month without a peep and no is...
Christopher Pride
Where to buy a 4 plex? Questions on location, strategy and partnerships
Wife and I are coming off of a long-term sailing trip after having a kid. This is an open-book situation where we really are free to decide where we want to be. The wife works remotely and I have been working on boa...
Kyle Meyers
Move In Specials
Does anyone do move in specials for their rental units? I have been considering doing something like $100 off the first month's rent or maybe a lower rent for the first 3 months of a 12 month lease. Have you had succe...
Chris Clemptor
Rental tax question depreciation confusion
I understand that you can subtract from your tax burden on a rental property using depreciation. I also read that it's based on the house value only, not including the land. I am wondering how most people figur...