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30 August 2024 | 11 replies
Branson MO is a popular choice for an STR market with lower price points and consistently draws over 9 million visitors annually...Feel free to message me privately to connect and learn more about the market here!
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30 August 2024 | 15 replies
That's likely why the CPA on this thread, Sean has listed 'S-Corp' as a popular option amongst flippers.
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1 September 2024 | 8 replies
I bet you do a great job rehabbing!
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30 August 2024 | 17 replies
Quote from @Thomasina Pearce: Quote from @Gladimir Lobo: Heading downtown to try your luck at Jack's is a much better bet.
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28 August 2024 | 10 replies
I do know that some regions of the US are really popular on the BiggerPockets forum for rental investments, and Columbus seems to be one of them.
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4 September 2024 | 84 replies
I bought a house last year that was very poorly managed by a local and popular PM.
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28 August 2024 | 9 replies
i was exploring and saw some of the neighborhoods in kyle, Tx has school ratings like 8 and brand new houses in the range of 300K with potential rents at $2200 per month so overall making them cash flow positive. however, i am not sure why Kyle is a popular place. it is mid way between austin and san antonio but that does not seem to be a strong enough reason.
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2 September 2024 | 22 replies
@Mike Musarra If you plan on doing a BRRRRR your best bet will be refinancing into a DSCR loan.
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31 August 2024 | 22 replies
I'll break it out for you.Gross Salary: $80,000/yearGross Salary per month: $6,667/monthAfter Tax Salary per month (not including 401k investing (which you should be doing, but I get this is a real estate message board and this concept is not popular): $5,434Purchase Price: $600,000Interest Rate per Calculator: 6.941%Downpayment: 5% or $30,000Financed Amount: $570,000Mortgage: $3,769.67Property Tax: $600Insurance: $125Other Costs (per calculator): $333.33Total Monthly Payment: $4,828/monthAfter Tax Salary - Your New Homes Cost = $5,434 - $4,828 = $606CONGRATULATIONS, you are what is referred to as "house poor."
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30 August 2024 | 12 replies
Thanks If you are looking at class A-B, the suburbs are a better bet dollar for dollar.