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14 July 2017 | 9 replies
Hello my name is Matthew. i found BiggerPockets years ago and have been interested in real estate since i was in high school. i made excuses and let life get in the way for many years.....bad decision seeing i wasted all that time. fast forward to now i am married and have an almost 2 year old son ( wow he grew up so fast). right now i have a decent job with a very caring company but it just isnt enough. though i can save some i wont be able to provide the life for my family i feel that i should. i have been rebuilding my credit for the past 18 months. now is the time for change, yesterday was the time for change I WILL GO DOWN THE PATH TO A BETTER FUTURE. i have listened to almost all the biggerpockets podcasts, read/listened to many books, i am a delivery driver on nantucket island so i listen to audiobooks and podcasts all day while working. i have been started looking for deals but still having a little difficulty analyzing deals. currently i live on cape cod Massachusetts and commute to nantucket everyday. i use the hour long ferry ride each way to search for deals. i have alway been interested in owning enough multi-family homes and apartments to supplement my income. i am currently away from home and my family 14 hours a day, sleep 6 to 7 hours which leaves me spread pretty thin. i am grateful for such a wonderful community that is biggerpockets for coming together and sharing, teaching, helping and building one another. now that i have kind of ramble on i will get back to the point. i am interested in the BRRR strategy particularly with multifamilies 3 units and up. i would also love to learn how to analyze deals better so i can either wholesale them to or partner with other investors. i am not opposed to investing out of state but dont have a team formed yet either in or out of state. i have been all over the countryit is great to be here, i appreciate you all and cant wait to know you betterMatthew Hudson
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2 February 2016 | 17 replies
Not very far from you physically, but a very different real estate market.When we first started my goal was to make enough to use it as a safety net, but it has not been enough earnings to significantly supplement our income.
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23 October 2017 | 43 replies
And, there are ways to supplement light, build greenhouses and provide heat for the colder months, but this all cost money.
22 October 2016 | 7 replies
I was planning on composing a detailed step by step instruction and supplement it with a video demonstration.
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11 January 2017 | 15 replies
The businesses will supplement my federal pension, but I would like to be able to use them to grow each other as well.
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15 April 2017 | 10 replies
There is zero logic in you wanting to supplement their home purchase expenses out of your own pocket.
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20 May 2017 | 16 replies
My medium term goal is to achieve supplemental passive income.
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30 July 2019 | 262 replies
I'd supplement that with a boatload of reading too, including lots of books and time on these forums.
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1 September 2018 | 18 replies
I have always reported the rental income on Schedule E ("Supplemental Income and Loss") form with the IRS and not schedule C because I hold title in my own name, not in an LLC or S corporation.
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29 November 2017 | 46 replies
If you are in a market where market rents do not rise every year you are in a poor investment market and should consider selling to invest in a market where your profits are not declining annually.If you are a hobby landlord you consider your tenant first when determining whether to raise rents or to supplement your tenants rent by a rising amount annually.If you are not raising your rents annually or are not able to raise your rents annually you are devaluing your investment and losing money.