Jeramey Rogers
Ocean City, MD - STR investment
6 March 2024 | 35 replies
That GRI does include income for cleaning, taxes etc. though normally, which is really pass through expenses for the most part.
Daniel Ben-Hur
Would you take minimum cash flow in order to be able to cash out refi in the future?
4 March 2024 | 5 replies
“Am I happy enough with what I can make off of this property between cash flow and appreciation and tax benefits that it is worth my while?”
Sarah Hall
This is the Year!!
4 March 2024 | 5 replies
We used tax returns, work bonus payments, any extra money for down payments and for renovation.
Brick Biermann
What's My Next Move?
4 March 2024 | 3 replies
You can take the allocation for the unit you lived in tax free.
Jesse Grim
New to this and hoping to find some helpful tips
4 March 2024 | 2 replies
Conventional mortgages require higher FICO, reserves (money set aside to pay the loan), tax returns...just on that note, they typically won't count any income from the property rents until that money hits your tax returns for 2 years.
Denis Ponder
Refunds - How would you handle this?
29 February 2024 | 17 replies
I would refund especially if you rebooted for those dates.
Andrés Aguilar
Interested in Out-of-State Investing in Oklahoma City
6 March 2024 | 18 replies
if I could find a deal at $300/month profit after principle, interest, taxes, insurance, and a $100 maintenance reserve I would say it’s worth doing now (ie.
Layton Mikkalson
First Property - Rent or Sell?
4 March 2024 | 3 replies
There will be expenses you will have to maintain sure but the appreciation, tax benefit and rising rent/mortgage pay off make it a no brainer.
Trent Brodbeck
New Member to BiggerPockets
4 March 2024 | 22 replies
You get all the benefits of owning real estate (cash flow, appreciation, tax benefits) with none of the headaches of buying, renovating, or managing properties.