Joseph Sharp
How do I start researching my market?
7 October 2020 | 7 replies
Ideally I know private money is best so I would pursue that first.
Carlos Contreras
How To Handle Utilities
4 October 2020 | 3 replies
@Carlos Contreras ideally you’ll want to find a property that has split utilities, but it all depends on what is norm in your area.
Dung Nguyen
Second Rental Property Search
5 October 2020 | 20 replies
@Michael DeLaMarre same here ideally I really want to get into a brrrr to hold as rental but still new to investing as for now doesn't have the knowledge or the resources to get into one hopefully thru bp community I can get into one soon.
Annie Dillon
Close in one day without title company?
4 October 2020 | 15 replies
I did not abuse this.. but we did have a customer service rep that handled our account and she would do a date down on the computer verbally to me..
Ryan Cleary
How much should I set aside for capital gains?
4 October 2020 | 12 replies
@Ryan ClearyYou are not necessarily taxed on "cash flow", you are taxed on taxable rental income.some differences between cash flow and taxable rental income.Principal payments lower cash flow but do not lower taxable incomeDepreciation does not lower cash flow but lowers taxable incomeRegarding how much you should put away for taxes, the ideal situation is $0 but only your accountant can answer that.That is dependent on what federal and state tax rates you are in and what your net taxable rental income is.
Weng L.
Would you pull the trigger on this rental property?
10 October 2020 | 55 replies
Ideally you extract all of your investment at the time of the refinance, but I realize that is not easy.
Ryan J Bruun
Controlling My Spending, My Way
9 October 2020 | 2 replies
At that point, having money, ideally passive streams of income, becomes VERY important.
Race Jones
First Steps For Investing
8 October 2020 | 2 replies
Lastly they'll look at your credit history, the length, score, DTI ratio, etc. ideally you've had a credit card, small auto loan, anything that shows you're a worthy borrower.
Cameron C.
What is the market value of new construction?
9 October 2020 | 0 replies
If there's key information missing or some of my assumptions are wrong, just make some up.This is my first post - I tried googling this.As I wrote this I realized: -individual homes are normally custom built with the intention for the owner to live and enjoy that house, so a lone house being built to sell is unlikely. housing developments add scale
Teresa Parra
How can you verify if a seller finance is legit?
9 October 2020 | 2 replies
And I've never had a bad deal or a pixx off customer.