All Forum Posts by: Christine Myers

I bought 3 in Cincinnati,  and I'm so glad I did! 

Is it just a fact of life that if I need a CPA and business structure planning that I have to pay a 10k package?

I started a year ago. I have 2 duplexes and one single family. Ive learned a lot on my own, but it takes time to build up that 25% down..how do you find those creative financing properties? I want to add to my portfolio.

@Mark Albini

I would love for you to repeat that with me!!

@Greg Scott

What is the right way? I am currently doing it your old way.

Ive just been offered 4.99 for a duplex, i thought rates were lower now?

@Katie Miller I want to have enough rentals to pay for themselves and make a profit, right now my w2 pays most.

Wow, reading all the responses. I’m a bit shocked. I bought a duplex with the same problem. One of the ladies just moved out and I’m updating the unit and planning on getting market rent. The other one? I’m not touching her. I still cash flow, even though I can make more and I feel good about being a good person. One day the situation will take care of itself, just like for all of us. Don’t get me wrong, my goal is to have a nice cash flowing rental business, but it’s not all about money, sometimes stability and humanity is just as rewarding.

I’m worried about what my friend said. They have a rental house with good rental income, but she is looking to get rid of it because its not helping on taxes. Her and her husband make over 150K a year and she says after 150k you cannot write off expenses. 

I started investing this year because I love houses, I love the real estate business, but i also hoped it would help me get back more tax dollars..am I misguided?

@Jennie Monfried jennie im in cal too, what city in Fl gained your trust?