Ryan Kuck
FIRE calculator: how many years until you can retire?
This free app let's you quickly determine when you can retire, is it just me or is this really useful? Anyone know of better apps you like for this or what you like to do for your personal calculations different from ...
Jessica Steele
Calculating Rental Property ROI With a HELOC?
Hi everyone. I'm hoping that a clever, experienced investor can help me. Maybe I'm just terrible at mathematics, but I'm struggling to figure out how to calculate ROI from a house purchased via my HELOC.The numbers I'...
Pavan Kovvuri
Can I re-rent while current leaves the house after paying ?
My tenant wants to leave 1 month early and agreed to pay the last month's rent in full. Can I create a new lease with the new tenant while current lease is still valid ? If the property is rented, he asked to provide ...
Scott Beebe
Payoff car or buy investment property
Hi,I'm in need of some advice. Not sure I should payoff my car or buy an investment property.Here are some details.Car loan: $12000, 4.75%, 52 months, $240/month$45K in savings. I own my home free and clear. The car l...
Theo H.
Need Some Guidance...Possible First Time Investor
Hello BP!First off, thanks for all of the great advice, it is a wonderful community filled with smart people. My wife and I have been going back and forth on the duplex we currently live in. Our landlord has offered u...
Ian Jackson
Vacancy in rental properties
hey guys, when you guys do a house hack or purchase a rental property, you obviously have debts you needy to pay off like that mortgage. But if the banks lets you use the income you get from the property, and there ha...
Mehran K.
Tax Handling of Property Management Reserve Account?
Quick question for the tax professionals :)
From the collected rent on my duplex (June), I've allowed the property manager to hold $500 as reserves for future expenses/improvements etc.
Hypothetically (because I'm ...
Brittney Lynn
Potential First Deal Analysis NERVOUS!!!
Ok Guys - here it is, be honest. Im a little nervous becuase I think I found a good deal but at the same time I think it is too good to be true and I'm leaving something out.
Triplex House is listed...
Patrick Menefee
How are non-LLC business expenses handled?
I have 2 properties under contract, one in my name and one in the name of my LLC that I just opened. I have a bank account and credit card I’ve been using so far for the one in my name, and once I get my EIN I will op...
Katie Bond
Quickbooks - Accounting for expenses when property not purchased?
I recently bought a property (using BRRRR strategy) but we had an offer in on one that just didn't work out after inspection. I'm using classes in Quickbooks to keep track of my properties but how do I classify the ex...