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14 March 2024 | 11 replies
@Michael Zandona While I don't recommend investing specifically for tax savings, if you're looking for properties with significant bonus depreciation potential, have you considered self storage?
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15 March 2024 | 21 replies
While a $130,000 property might seem appealing, managing it from afar requires careful planning, considering travel costs, taxes, and legal obligations like understanding landlord-tenant laws specific to Kansas City.
14 March 2024 | 6 replies
If you ever have specific questions or need guidance, please feel free to connect.
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14 March 2024 | 1 reply
I'm wondering what tools are out there that will show me the rental history for a specific property?
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12 March 2024 | 9 replies
One property is a condo (in CA) that I rent out, and the other property is a house (in NV) that I live in and rent out the other rooms.I quit my W2 job last year to start a business, which is slightly profitable today, but I reinvest everything back into the business.I have a bunch of cash saved up and am comfortable deploying $100K into another property in Las Vegas ($80K down payment + $10K furnishing + $10K margin).The only problem is that I’m not sure how to finance my next house without W2 income.I talked to a few lenders about DSCR loans, and most say they calculate rental income based on the entire house, instead of by the room.I would love to get the creative knowledge of the BP community on how to fund my next home 🙏🏼I'm also open to any lender referrals 😊
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14 March 2024 | 13 replies
Looking to hear from everyone and specifically from those that have obtained their financial freedom goal within a span of a few years.
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14 March 2024 | 1 reply
Any specific strategy or area you are looking at?
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14 March 2024 | 50 replies
Tax rates are very high level, so you will want to adjust that as you pick a more specific location to model out.
14 March 2024 | 3 replies
If you'd like more information about specific skip tracing companies, let me know
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14 March 2024 | 3 replies
If you'd like information on a specific skip tracing provider, let me know.