27 January 2021 | 13 replies
Hello BiggerPockets community,I'm a new to real estate and was hoping to get some advice on AirBNBing in Asheville NC.The reason for my inquiry is because I'm hoping to buy a house and use AirBNB to househack it.If any additional info is needed please let me know.Any advice would be greatly appreciated.Thank You,Evan Morales
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27 October 2018 | 15 replies
The daughter calls the community to complain "im not doing anything", BS!
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25 October 2018 | 7 replies
As it's my understanding AZ is a community property state, you could treat the 50-50 husband-wife LLC as disregarded and file Sch E under Rev Proc 2002-69 instead of a 1065 to save compliance costs.Talk to your tax CPA/EA and attorney.
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16 August 2019 | 25 replies
We ended up putting a great product together for the community.
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27 October 2018 | 8 replies
Hi BP Community!
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26 October 2018 | 4 replies
Your best bet would be a community bank.
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25 October 2018 | 0 replies
There’s a lot of debate regarding safe withdraw rates, but most reputable sources advise somewhere around 4% as a safe rate for 30 years of retirement.
29 October 2018 | 2 replies
I want to ensure I don’t do the wrong thing Deal 1: Duplex selling at 150k in a stable community with rentals bringing in 750-800 a month per unit.
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3 November 2018 | 8 replies
And my wife for the support.The best part of it all is we just found out we’re having a baby girl early next year and we added $100 automated principal payment each month to our 30yr fixed mortgage so that it amortizes when she turns 18 as @brandonturner suggests.I’m so grateful for bIggerpockets and the community it’s formed to inspire and support me through this journey.Next year I hope to do my first BRRR!
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14 September 2019 | 26 replies
Probably not, you'd probably only consider this because you had bad credit or low income or something that prevents you from living in a safer place.I bet the turnkey provider has rents too high for the area as well...Can you make money on this type of asset...sure but not by paying 70k for it.