
27 October 2024 | 13 replies
Which would make the LLC disregarded and the property would go on your individual tax return on Schedule E.

30 October 2024 | 16 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

31 October 2024 | 17 replies
Choose a market based on affordability, population growth, job opportunities, landlord-friendly states, and BRRRR potential.

30 October 2024 | 13 replies
Im fortunate with my W2 job (as a union carpenter), where I can listen to podcast basically all day, so bigger pockets rookie has been my life blood.... so I'm learning as much as I possibly can...

29 October 2024 | 1 reply
but if you are asking if you should wait till you have a job or invest now, My advice is always to do it sooner rather than later.

30 October 2024 | 12 replies
If a tenant passes your requirements—credit score, income, background checks, and landlord/job verification—then I typically charge just the security deposit plus the first month’s rent.

26 October 2024 | 1 reply
I would like to be able to respond to messages, schedule tours, etc, within the source site to keep it contained, not via text/email.

28 October 2024 | 3 replies
3- Job Market Growth is still strong in ATX 4- Population growth continues although not at the same pace as the pandemic. 5- Supply side problem - Builders overbuilding creating downward pressure on housing prices.

28 October 2024 | 15 replies
Conversations with investors reveal that even those earning six-figure salaries face substantial pay cuts when changing jobs, often by 25-50%.

29 October 2024 | 24 replies
I am planning on using a property manager because I wont have the time to manage it myself with my day job.6.