![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1844399/small_1621516060-avatar-aarons448.jpg?twic=v1/output=image&v=2)
26 May 2024 | 11 replies
For example, you can use credit cards for vacations you can't pay for.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1711922/small_1688788518-avatar-coleo5.jpg?twic=v1/output=image&v=2)
26 May 2024 | 3 replies
I plan to be raising the rents on them because they are currently paying about 40% under fair market rent.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/156624/small_1701112911-avatar-engelorumora.jpg?twic=v1/output=image&v=2)
24 May 2024 | 42 replies
For example, turnkey is great for people who are busy working 9-5 and want to simply invest their money somewhere instead of it sitting in the bank.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2944832/small_1707621278-avatar-zachs380.jpg?twic=v1/output=image&v=2)
26 May 2024 | 3 replies
Paying rent will force you to maintain a personal budget, it will ensure your property produces the income necessary to operate the property, it creates a savings for you as a landlord so you can prepare for the next investment, and it shows how the property performs as an investment in case you have to sell.You need two accounts: checking and savings.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37746/small_1621389075-avatar-equity.jpg?twic=v1/output=image&v=2)
24 May 2024 | 6 replies
… $1.2MWith head shaking, I responded that he didn’t just buy a $1.2M property from an old woman who was unable to pay her taxes for $80k.
26 May 2024 | 8 replies
Normally builder will pay cash for the lot like i do that their skin in the game..
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2085186/small_1694562599-avatar-henryd82.jpg?twic=v1/output=image&v=2)
24 May 2024 | 14 replies
Unless maybe because he has those funds in his business account it’s considered an asset on his PFS until he has to pay it back?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3008259/small_1714340139-avatar-georget198.jpg?twic=v1/output=image&v=2)
23 May 2024 | 7 replies
You simply need a base hit.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1269625/small_1687313093-avatar-israelm15.jpg?twic=v1/output=image&v=2)
26 May 2024 | 2 replies
If one house is your only income, you may not even have much to pay taxes on if you have a mortgage.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2745669/small_1684957462-avatar-adamh628.jpg?twic=v1/output=image&v=2)
26 May 2024 | 3 replies
Sellers still owe 71k which I have the funds to pay off but the catch is, they obtained the property with seller's financing.