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27 March 2024 | 21 replies
I spent $37,000 on furniture and household good (high end condo), and received $8,000 when I sold the furnishing after 6 years.
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27 March 2024 | 2 replies
Census data - median household income, employment stats, bachelors degree percentages, crime, vacancy rates, appreciation2.
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26 March 2024 | 4 replies
The amount of rent is based on the AMI which can be found here in this handy chart:https://www.sandiegocounty.gov/sdhcd/rental-assistance/income-limits-ami/so the calculation looks like this:For a 1BR unit (2 person household) at the very low income level you could charge a max of 1/12 of 30% of $48,500 or $1,212.5 per month.Also, in the agreement that I've seen (which was for a different City in CA) there were some restrictions against students.
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27 March 2024 | 0 replies
There actually is this weird scenario, just past goldilocks, and closer to Alice in Wonderland, where the economy keeps chugging along…. slowly, household incomes crawl ahead, corporate earnings play duck duck goose, unemployment (usually) rises and inflation stagnates.
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26 March 2024 | 8 replies
Census data - median household income, employment stats, bachelors degree percentages, crime, vacancy rates, appreciation2.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2908465/small_1732227336-avatar-pauln223.jpg?twic=v1/output=image&v=2)
27 March 2024 | 12 replies
For example the last rental property we purchased we owe on it about $86K and if paid off would cashflow an additional $600 per month.Because of our household income I am worried that paying off properties would bring us into tax brackets.
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21 March 2024 | 28 replies
You can try a Chlorine Dioxide treatment.
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22 March 2024 | 17 replies
However I did some research myself on crime rates, and from 3 different sites, they all suggest that crime is rather high in that area:https://www.neighborhoodscout.com/tn/memphis/crimehttps://crimegrade.org/safest-places-in-memphis-tn/https://www.memphisdailynews.com/CrimeReport.aspxChecking city-data.com, the average salary for that median household income is around 39k.Also, the property value is listed at 145k, which seems like it is on the lower end.
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21 March 2024 | 11 replies
In 2023, I did 18 transactions(Top 500 of ~15,000 agents), and manage 13 rental properties for other individuals.As an Individual, I also own 5 additional rental properties that I also self manage.The reason I would like REPS is because Ive got about 200k in passive losses(100k just in 2023 as I fully remodeled one of the rentals and partial reno of another) I would like to apply towards our household W2 income(600k) Overall, I feel like I could definitely qualify but I definitely lack detailed time log of all activities.
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21 March 2024 | 7 replies
They have no rush for me to move out, as I have a great relationship with them and my siblings, and I assist with household maintenance.Recently, a single-family home became available in the neighborhood, just a block over from my family's home and a minute from my workplace.