All Forum Posts by: Mathew Zorn

I’ve always had a job going through college. I’m still in college getting my BS degree while on active duty. Working active duty is a bit rough going to college but if I can do it than anyone can.

Hello PB, I’m 32 years old, on active duty with the Navy, father of four and have a beautiful wife! I’ve been on active duty for eight in a half years and will be retiring from active duty service in 12 years. I have had a rental property for 13 months now and have learned a lot from the current tenant boy do I mean a lot. I get help and free advice from a PM that I go to church with and who I also bought my second house through. My goal is to have a PM company in full swing by the time I retire in 12 years with more than 150 units and an actual office suite to run the business and for a place the customers can turn too when they need something. I also want to have four rental houses paid off and fully own so I can use the income to help put my kids through college, so time is of the essence! I’m looking to figure out how to get this PM company started with advice from PB community!

This last November marks one year of being a land lord. What I need help with is what can I write off for my taxes outside of the normal office space write off, portion of the utilities, gas mileage, computer write off, advertising, marketing and general office supplies and website fees? The property is located in zip code 23513 if anyone can point me in the right direction. I normally do my own taxes but might higher someone to do them this year.

Thank you everyone for the responses! There’s mainly pros vice cons on section 8 but I’ll still do some more research for my area and see if this is a good fit for me!

Johnny,

I live locally (VB) and wanted to see if we can meet up sometime. I’d like to learn more from you! I have I one property right now and want one to two more by the end of next year! 

Julie and Brian, Thanks for the posts! So far there’s more pros than cons! Brian I will have to ask those questions. I’m trying to build a property management firm in my area slowly so when I am ready to retire from active duty I will already have this in place and will be able to walk off of active duty right into my PM firm of 150 or more homes!

@Thomas You have a point there but I’m torn on it. If I had a few more rentals under my belt then I would try one rental as a section 8. I’d have enough income coming in that if something happened I could still afford the section 8 house. I guess it all depends on a persons cash flow and what they are willing to sacrifice to get there.

Matthew I went on your T.R.E webpage and submitted an email for us to get in touch.

Is this still on the market?

Is this still avaialable?