
3 February 2025 | 3 replies
bumping it up in here

27 January 2025 | 7 replies
. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.

14 February 2025 | 2 replies
I also report every one of them to https://www.donotcall.gov/report.html#step1.

13 February 2025 | 7 replies
You’ll still be personally responsible for the debt and it will still show up on your credit report/DTI if that’s what you’re trying to pull off.You’ll increase your interest rate by 2-5%?

13 February 2025 | 1 reply
Generally - the depreciation on the structure, mortgage interest, property taxes, repairs & maintenance, insurance, property manager, utilities, vehicle expenses (mileage), professional fees (reports/CPA), home office (office supplies, percentage of utilities, continuing education).

10 February 2025 | 29 replies
This type of reporting is an essential part of what BiggerPockets can be used for.

11 February 2025 | 10 replies
Once application is finished you can run credit, background and eviction report for $15 your cost, or charge tenant I think it's $35.

6 February 2025 | 5 replies
Deal Machine, MojoDialer, foreclosures daily, roddy report, prophawk, propelio, landvoice.

7 February 2025 | 1 reply
With high home prices, rising mortgage rates, and intense market competition, securing a property has become increasingly difficult.A recent survey found that over 60% of real estate agents reported instances where Gen Z buyers lost out on homes due to delayed decision-making, missed appointments, or hesitation in making offers.

20 February 2025 | 9 replies
You can continue using TurboTax if you're willing to learn rental tax rules, as rental income is reported on Schedule E with deductions for mortgage interest, property taxes, insurance, repairs, and depreciation.