Adolphus Fletcher
Can you avoid personally guaranteeing mortgages through business?
15 October 2024 | 14 replies
The typical formula is 20-25% down + rental income greater than mortgage payment + good personal credit and PG = DSCR.
David Kanarek
Beware of Norada Capital: Caveat Emptor My Fellow Small Investors !!!
24 October 2024 | 88 replies
Reminds mean of the old Paul Simon song “Still Crazy After All These Years”
Account Closed
Here's How to Calculate Rental Income For Child Support
10 October 2024 | 0 replies
This salary includes both taxable and non-taxable income.The formula for calculating child support payments can vary depending on your state.
Ryan Thomson
House Hacking: What to Look for and How to Calculate ROI
9 October 2024 | 2 replies
Curious if someone has the formula(s) to compare if you were to just rent vs house hack?
William C.
Cost seg depreciation recapture model
13 October 2024 | 11 replies
The formula for your taxable amount is the difference between your net sale (contract price minus closing costs) and your adjusted cost basis (original purchase price plus capital improvements minus depreciation).
Edward Heavrin
Paying off a rental aggressively. Pros & Cons?
20 October 2024 | 84 replies
Commercial banks like to see low leverage and they love paid for assets :)But if your W 2 and a mom and pop land lord getting your normal debt those are all computer driven formulas and there is not a big focus on balance sheet.
Rudy Galan
Just came across bigger pockets
8 October 2024 | 5 replies
There is not a secret formula of success in this city.
Account Closed
10 Best Net Worth Trackers
12 October 2024 | 2 replies
It’s also possible to have a negative net worth, which means your liabilities are greater than your assets.Examples of assets that may be included in your net worth include:Business interests Cash and savings Investments Personal propertyReal estateRetirement savingsVehicles Examples of liabilities that may be included in your net worth include:Credit card debtMedical billsMortgagesPersonal loans Student loan debtVehicle paymentsNet worth is very easy to calculate: You add up all your assets and subtract your liabilities.The net worth formula is:Net worth = Total assets – total liabilitiesHow to Select a Net Worth TrackerYou can choose from several net worth trackers to help you monitor your financial position.
Howard L.
Property tax rate for rental SFH or small multi-units in Las Vegas?
2 October 2024 | 2 replies
What's the formula for the property tax rate for rental properties in Las Vegas?
Beck DeYoung
Facing Negative Cash Flow While House Hacking – Looking for Advice
10 October 2024 | 31 replies
You can also get creative, YOU ARE LITERALY USING THE SAME FORMULA TODAY!