Steve S.
Putting too much down?
My goal is to buy 10 cash flowing rental properties as quickly and safely as possible. So far I have 4 and I keep 6 months of mortgage payments on hand and have a decent security net in place for maintenance etc. I k...
Jason Waldo
Payoff mortgages or not
I have two rental properties in Missouri. Both with a mortgage. One of them has $25k left on it and the other one has $90k on it. If I pay them off in the next few years I would be cash flowing right around $1,800/mon...
Chase Gochnauer
24 unit complex - high expenses?
Hey guys,I'm looking for my first large multi-family. I come across one that is in my sweet spot as far as location. Exteriors are in good condition. Interiors are very dated, a couple of units have been completely re...
Ryan O.
S-Corp Reasonable Salary
I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
...
Eduardo Chavez
Houston?
currently getting ready to finally start investing since i live in california, i plan to start out of state and really considering houston as a option. I will be planning a trip to houston soon to see if i can find a ...
David Krulac
Buying is more expensive than renting in ALL 50 states...........
according to CNBC, however in my market with the current low interest rates I don't see it that way. What does your market tell you?http://www.cnbc.com/2017/04/07/heres-how-much-more-it-costs-to-own-vs-rent-a-home-in...
Account Closed
Beginning your investing in a lower income city and moving?
Prices in my city (Colorado Springs, CO) are extremely high. Here is what the average rent looks like according to apartmentguide.com:1 bedroom: $12332 bedrooms: $14413 bedrooms: $1847That being said I can't find even...
Kyle Lauriano
Seeking a Large Multi-Family Apartment Deal, Yet Don't Have Much
All,I am interested in going into a large deal (16+ units) opposed to a small MFA deal. How can a young, eager minded individual like myself get into these market deals when my capital is less than 100k? Is this even ...
Chirag Shah
Financing advice for my 2nd property
Hey All,I recently purchased a duplex that I am house hacking in Austin, TX. So far, it's been a good decision in that I've been able to learn landlord basics, how to do a cosmetic rehab, and live extremely cheaply. W...
Daren H.
Small Investors and Umbrella Insurance...Waste of Money?
I currently own 6 single family rental homes in my own name (value ~700K total). I have landlord policies on each. The general/personal liability coverage on each policy is $100K. I also have the general/personal liab...