Scott Vaeth
6% Tax Rate - South Carolina Rental Properties
31 January 2025 | 7 replies
If you are living there you can keep the 4% rate.If you are not living there you can rent it out to pay for the property taxes.
Stephen Meyer
This is my situation, what do you recommend?
1 February 2025 | 6 replies
I would suggest taking the route of option 2 or 3, so not only are you saving over 10k in rent per year but the residents help in paying down the debt.
Anastasia P.
Wanting to learn about mobile home investing -- currently own 5 parcels of land
2 February 2025 | 0 replies
I recently bought 5 pieces of land all in Michigan -- one is in Jackson and the other four are in Saginaw.
Kristin Mathern
Asking for advice on tenant locksmith situation
30 January 2025 | 13 replies
I'd pay it & chalk it up to lesson learned.
Greg Strunak
Cash flow/ passive income
30 December 2024 | 6 replies
If you have a business entity(you want to properly track money going in / out from its owners).They will likely be classified as contributions / distributions.Best of luck!
Christopher Morris
Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
So that presses the question, how out of the day-2-day do you mean when say out of the day-2-day?
Chris Seveney
Transferring Properties out of LLC Question
27 December 2024 | 3 replies
I could envision them refusing to disburse funds until the LLC is reinstated.There may be a way to transfer ownership of the account, but it is probably just easier to move the money.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
So that idea backfired - although I was paying down the balance faster, it was at the expense of paying more out of pocket each month.Same thing applies to the loan and HELOC example we've been describing here.
Timothy Finney
New Member from Austin, TX – Excited to Begin My Real Estate Journey
18 January 2025 | 6 replies
You have a lot of resources at BP and in this feed.
Cameron Marro
Seeking Renovation Advice for My First Investment Property
2 February 2025 | 14 replies
A cash-out refi could allow you to set aside some funds as a reserve or at least pay down your debts so that your lines of credit (credit cards etc) can act as your emergency reserve when more bad things happen.