Dawn Curry
How much do you need to retire?
27 December 2022 | 149 replies
That the equivalent of a 60k a year job.
Melanie Hartmann
Quit My Job and Plan to Wholesale
20 April 2022 | 556 replies
It’ll be considered self employment income which means you’ll pay the same state taxes, federal taxes as before plus all of the FICA taxes that you normally split with your employer.Add in the same health insurance costs or more if your employer paid for some of it and the money you’ll likely spend on marketing and you realize you’ll need to gross a lot more then 70k to hit the same net as you did prior, all while working much much harder.Btw 70k gross salary for 10 months of the year is equivalent to 84k a year gross, so you reallt should be aiming for that number with wholesaling.
Edit B.
California Rent Control
14 June 2021 | 334 replies
So market rent on a section 8 should be higher than the equivalent non-section 8 unit due to the extra burden.
Justin Bautista
Does the number of rentals available concern you as an investor?
29 December 2019 | 5 replies
.- Look at the zip code/areas where you can buy a property that fits that criteria, use Zillow to check out current rental amounts for similar types of properties (equivalent # of beds/baths, amenities, pets yes/no, etc.).
KC Conti
Out of State Rentals
3 November 2021 | 66 replies
The amount of time an agent takes to do that is equivalent to the time it would take them to show a house in-person, so don't feel bad for painstakingly going through every detail.
Misael Carlos Vera
Buying Property without LLC
26 November 2020 | 132 replies
You’d be equivalent to an elderly out of state landlord who poorly self manages a property and just dealt with a few back to back evictions.
Forrest Faulconer
Investment properties are great, but let's get PERSONAL.
1 December 2020 | 96 replies
I agree with those that have previously stated that a primary residence is a mediocre investment, but I think the original question is what is an investor's approach to primary residences.I have devised a plan that I have yet put into action, but I believe is a solid approach to tax harvesting a primary residence equivalence.
Anthony Newbold
EVICTION FINALLY for Horrible Renters
24 December 2022 | 50 replies
@Anthony NewboldMaking decisions when you’re pissed is equivalent to making decisions when you’re drunk.
Bryan Beal
COVID-19 vs. Basic Freedoms
30 September 2021 | 321 replies
Account ClosedComparing Covid 19 to other unrelated diseases is a textbook example of creating a false equivalency: False equivalence is a logical fallacy in which an equivalence is drawn between two subjects based on flawed or false reasoning.
Nikki Closser
HELP US! No rent to be paid for more than 6 months in Seattle!
5 June 2020 | 146 replies
I am eligible for $1000, which is about the equivalent of pissing on a forest fire.