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I'm looking into NELA Northeast Los Angeles, Downtown Los Angeles outskirts, and Long Beach for Cap Rates and expense rates.What do investors look for in CAP rate for Northeast Los Angeles, or Long Beach? For example...
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Contrary to popular borrower belief, the mortgage business is actually more about people than numbers. In the beginning it might be all fun and games with X's & O's and spreadsheets of mortgage quote comparisons b...
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Hey everyone! 👋 Uncle Mike here and I’ve proudly served our country as a military veteran. Recently, I had the opportunity to cash out a portion of my 401(k), leaving me with $20,000 burning a hole in my pocket. Now,...
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I typically work in the commercial multifamily space using the LTR approach, but currently broadening scope into smaller multis, potentially using the STR approach. Those of you that have experience modeling out pro f...
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Hey y'all, I am considering buying out of state in a market that has state income taxes. I live in Texas where we do not have state income taxes. In this case, how does that work? It is my understanding that profit ma...
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Full report: https://consumerfed.org/wp-content/uploads/2024/01/Real-Esta...
If you're on BiggerPockets, you probably can already guess what solution I believe would solve the starvation problem agents are going thro...
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Got an app for an apartment today that didn't make enough, but here's the deal. rent is $1650, x36 (1/3 income for rent) is $59,400 required income. He just started a Federal job at GS-7: $47,374, and will make GS-9, ...
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I just finished the rehab of my first BRRRR and am screening/selecting tenants. A young engaged couple applied and completed credit and background check on my cozy listing, but only her information was there because h...
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We are looking at the Phoenix, Tempe, Scottsdale area for our next investment. This will be our primary home due to work reasons and we are looking to maintain a passive income strategy. With such an established city,...
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If I start a corporation to collect rental income and there is 10,000 left after all expenses (profits) at year end , how is that taxed?On my personal taxes?Is it taxed separately before I take it?Is it part of my MAG...