All Forum Posts by: Kyle Guida

 im a big listener to the podcast of recent and just had some questions. i posted on the bp forum before and didnt get a ton of help like i was looking for so i figured i would see if you could lead me in the right direction. im 24 and a small business owner, im in the middle of buying my first property (to live in) and rent out 1-2 rooms. i would like to hit the real estate strong and be semi retired before 35. Ideally at 30 if i can. i however do not want to over extend myself though. i have decent credit and building in mid 700's and i have currently 0 debt until the house closes. being self employeed its obviously a little bit more challenging to get loans etc otherwise i would have had my first house 3 years ago. I make a fair amount with my business around 50-60 k take home .as i grow the business i obviously want to avoid paying as much taxes as possible but with that it lowers my income and qualifies me for less of a loan. i would prefer to load up an ira so it looks like i make less and therefore pay less taxes. how do i get around this hump to still qualify for a good loan amount? or do i need to bite the bullet and pay the taxes and then just go that route. i hope to hear from you in the near future, thank you

Hello alll, my names kyle and im from Illinois

I am looking to get started on my real estate adventure to freedom. Im in the midst of purchasing my first home after what feels like searching forever. 

a little about myself, im a self employeed(own a landscaping company). So i am not a w2 employee, so it seems im already at a disadvantage when it comes to the loan process. my credit is mid 700's and building slowly . im 24 and hoping to have 10 plus rentals by 35. What would be the best way to approach this? Not being a w2 employee my expenses are deducted out of earnings so it shows less. If i were to make a nice amount like 80k after taxes and expenses i would be taxed like crazy. With that being said im trying to reduce my taxable income using a SEP or another retirement vehicle. However if i show little earnings then im back where i started a few years ago with "you dont make enough to afford much" . what do i do? i either pay the taxes and bite the bullet or can i buy real estate through the business? Id like to do larger down payments on properties and leverage my way up . Im interested in multi unit buildings , but anything where the numbers work i dont mind looking at.

The house im mid deal now, i will be living in and renting out a room to a buddy to help off set the mortgage and what not, possibly another room as well. I want it paid off or down rather quickly (put about 35% down) .  Next , if i can i would like to "house hack" a multy unit while living there. 

Any input for any of these would help! thanks

Hi everybody! My name is Kyle Guida and im from Bloomingdale, Illinois

Great to finally be a part of the BP community. I am a brand new investor currently working on my first home (SFR) . I own a small local landscaping company and i hope to build that and use the money in that to develop my real estate portfolio. Im looking mainly buy and hold with a bit of flipping down the road. My goal is to use and leverage real estate to hopefully be semi retired at 35! Im also seeking advice and looking to learn as much as i can!

Thanks!, Hope to meet some new and great people!