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21 June 2024 | 1 reply
. #3 The purchaser of the property and making the payments on this note, (myself) can afford the monthly payments because of the rental income.
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21 June 2024 | 13 replies
The issue I’ve found when analyzing LTR properties with BP Rental property and Rent calculator is my cashflow is negative (I’m using calculations based on numbers outlined in the BP Rental property webinar).
18 June 2024 | 6 replies
I would like to purchase long-term rentals (ideally in the Denver metro where I live) but am not sure what, if any, cash flow I could achieve.
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21 June 2024 | 13 replies
My lender said that we could count 75% of the rental income towards income towards my debt to income ratio.However, I recently came across a 41 unit property near my home town where the numbers may make sense.
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21 June 2024 | 7 replies
I’m remodeling a house for rental and I’m debating if replace all carpet for hardwood floor, even on rooms and closets.
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23 June 2024 | 11 replies
I purchased several new construction rentals in Florida and I have made some good connections.
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21 June 2024 | 6 replies
Contrary to multiple letter writing campaigns and already being historically the 4th highest state an overall tax burden according to the Tax Foundation, Vermont‘s legislature has apparently just increased the state M&R tax to 12% which appears to bump it up to the 4th most taxed state in the country for short term rentals, according to the National Conference of State Legislatures: 1.
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21 June 2024 | 2 replies
BiggerPockets is an amazing platform and inspired me further to dive into long-term rental idea.
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21 June 2024 | 2 replies
We totally get the premise behind the Brrr method but at the same time, if you can utilize the same cash principle to buy a bigger, better rental house that will appreciate well over time due to location, wouldn't it also make sense to consider using the cash house equity for this bigger location house to be refinanced later at a lower rate and take the equity out of the better location house then and use the equity later?
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22 June 2024 | 3 replies
They are actually neighbors to my parents rental so we have some relation to them.