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Results (10,000+)
Frankie Paterno What areas are currently cashflowing
12 October 2024 | 25 replies
Assuming a $2000/Mo starting rent and a $1700/Mo expense:Year 0: $2,000 x (1 + 8%)^0 - $1,700 ≈ $300: $5,000 / $300 = 17 propertiesYear 1: $2,000 x (1 + 8%)^1 - $1,700 ≈ $460: $5,000 / $460 = 11 propertiesYear 2: $2,000 x (1 + 8%)^2 - $1,700 ≈ $633: $5,000 / $633 = 8 propertiesYear 3: $2,000 x (1 + 8%)^3 - $1,700 ≈ $819: $5,000 / $819 = 6 propertiesYear 4: $2,000 x (1 + 8%)^4 - $1,700 ≈ $1,021: $5,000 / $1,021 = 5 propertiesWhile the above is over simplified, the concept is sound.Sufficient IncomeYou'll need income from multiple properties to replace your current earnings.
Ian V. Can I rent out multiple bedrooms of a house separately while living in another state?
7 October 2024 | 5 replies

Hello,
I am new to this whole landlording world and am looking for an answer to an idea I had. I wish to stay in my local city. I am considering buying a house in another state that is cheaper than my market to rent ...

Samantha Coppinger How to turn down a tenant I already accepted a holding deposit for
8 October 2024 | 22 replies
Her trying to move the date around multiple times shows she can't stick to an agreement she signed.
Duy Xuan Do Seeking Strategy Advices for my current situation
8 October 2024 | 6 replies
@Duy Xuan Do, if you do a 1031 exchange on the sale of your investment property you can buy multiple duplexes. 
Omer Bader Finding Angel Investors
8 October 2024 | 3 replies
I have looked into multiple "Angel Investor" sites (invstr.com, pitchbook, askforfunding) as our company is growing and we need to secure funding before we turn loans away.
Mike Hoover Entity structure for multiple properties
5 October 2024 | 6 replies

Hey BP,Currently a partner 50/50 and I have a dozen properties under one LLC.  Buying another 30+ units (7 seperate properties all in PA) and I’m going to split them up into 3 additional LLCs but wanted to add an addi...

Rob Carmody Best Way to Deal with Squatters/Break-In's
8 October 2024 | 5 replies
There has been multiple break-in's at the property, some of which have been burglaries and some have been squatters. 
Account Closed 15 Undeniable Reasons It's Time to Sell Your Investment Property
10 October 2024 | 0 replies
You can sometimes push the selling price higher with multiple interested buyers in a bidding war.Additionally, selling property in a hot market means you can usually negotiate better terms.
Punith Shetty Help Regarding EIN/LLC
7 October 2024 | 3 replies
Our property manager mentioned that they cannot collect rental income for one property and divide it between multiple SSNs.Here’s their suggestion: "They are operating a business, and the IRS considers it a partnership.
Daniel Brundige First Investment Property advice
7 October 2024 | 7 replies
Another thing is getting multiple bids on the work. 145K and 200K is a big difference.