Alex Hardwick
Money management during building period
Hello, I am new to this community and to real estate investing. The way I handle my personal finances right now is essentially the bucket method. I spend 25% of my paycheck and put the other 75% away. That money ...
Huthaifa Afanah
How do you index your portfolio in your mind?
Hi all, As a landlord who have multiple units and rent them: how do you usually index or organize your units? How do you arrange the whole portfolio (renting, expenses, income, maintenance) issues in your mind now? Ar...
Tom Sharkey
Seller financing with the seller renting the place
My father has a life-long family friend who has recently retired with his labor pension. He's in in late 60s and he lives in a house in a very hot area. It's completed paid off as he bought it for like $8k back in the...
Scott Walters
Do you base decisions on 15 or 30 year loan
Hi allI’m what you’d define as a newbie whose looking to make his first purchase very soon. A key financial goal is to have positive cash flow. Do you recommend to go with a 15 or 30 year loan when running the number...
Ron Averill
Creative mathematics for deal analysis
I live in a college town, where both rents and property values on rental properties are stable and relatively attractive. It seems like it should be a great place to own rental property. But when I run the numbers ...
Jake Czaja
Entering a partnership
I’m partnering with someone on my very first property. It’s a house hack in Buffalo, Ny. We would like to continue to buy properties and want to take advantage of 2 low money down loans. We just got a house under cont...
Account Closed
Deal or no deal? What am I missing?
Hey everyone, I just put under contract a 2- flat building in the Chicago area. This is a class C neighborhood. Can you please give me some advice and criticize my analysis below? The first unit is renting for 700 (lo...
Alexa Sands
newbie in need of help - 3bed/1.5bath property for $139,900
Hi there! My name's Alexa and my family has been buying rental properties for about 7 years now. I'm in college and recently have been learning more about rental properties and everything it takes to run them, find de...
Nic Daigle
Tax deductions if maintenance exceeds rental income
Hello All,I recently put new flooring in my townhouse before new tenants moved in. The cost of the new flooring was approximately $3,400. I'm also in need of a new roof. I have the cash to do it and would like to do i...
James Galla
SALT Deduction Limit
So, with the §164 SALT deduction limit at $10k, is there a business restructure workaround for scenarios where you have multiple properties with high aggregate property tax exceeding that $10k cap? Is it not something...