
19 November 2024 | 2 replies
I am new to BiggerPockets and to BRRRR.We are two high-income earners, with two full-time jobs that put is at a gross income above $600K/year.

18 November 2024 | 13 replies
Our current portfolio looks like this:LTR that is worth 150k with 65k of debt left on it at 3.65% on a 20 year loan - PITI = $785 per month - long term tenants paying $1650 per monthLTR that is valued at 110k with 45k of debt left on a 4%, 20 year loan - PITI = $583 per month - long term tenants paying $1550 per monthSTR that is valued at $275k with 155k of debt left on a 3.5%, 30 year loan - PITI = 1080 per month - brings in over 35k per year gross for the last three years.Would you do a cash out refinance on one of the properties to pull out some of the equity to pay off the $48k HELOC or would you sell one of the LTR properties to pay off the HELOC?

19 November 2024 | 12 replies
I can carry them forward, but it doesn't reduce my actual gross income.

19 November 2024 | 9 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

18 November 2024 | 9 replies
I would not expect to hit nearly $3,000/mo in gross bookings with a 3/1 in Cornerstone Village.

19 November 2024 | 12 replies
Wish there was a better way than all of these add on automations but this is definitely nicer than the old fashioned hard copy book that gets gross after a couple of guests touch it.

18 November 2024 | 4 replies
To start real estate investing, learn deal analysis, and understand key metrics like cash flow, cash-on-cash return, cap rate, and gross rent multiplier.

7 December 2024 | 150 replies
Our gross cashflow is going to be around 4k a month after we sell our current flip and reinvest the proceeds (under contract for the sale with a purchase already identified).We never would have gotten started without Eddie Speed and his education and it has created an amazing business for us.

18 November 2024 | 4 replies
To get any cashflow I think I need to be looking for something around $250K, that doesn't need a lot of up front rehab, to give me enough extra for closing and reserves, and in a submarket that will gross 3000/m.

19 November 2024 | 14 replies
People were grossing 3x LTR rent between 2021 to 2022.