Getting ready to start on my investing journey. Curious in the experience you folks have - do lenders consider future rental income in the DTI Ratio calculation? I am assuming they don’t (typical), but it seems like i...
I would have really liked to invest where i live, but Minnesota really does not have the price point for neighborhoods that will help scale Brrr.As I am just starting out i would like to start in zipcodes which are no...
In a recent post about how to minimize the taxes on rental income it was mentioned that: Setting aside reserves is an expense, so long as they are not excessive. When you draw down the reserve you count it as income b...
Investment Info:
Single-family residence buy & hold investment in Alexander.
Purchase price: $150,000
Cash invested: $37,500
Turn-key long term rental in Akron, OH
What made you interes...
I am in the middle of closing on a mid-sized apartment deal in Mcallen, Texas. Now that Trump won the election, I wanted to get a discussion going about what potential impact this could have on towns along the Rio Gra...
You are probably asking: What is a wholesaling business? I’m sure that if you are on Bigger Pockets, then you already know what wholesaling is. Now imagine you had an endless supply of properties to wholesale… how yo...
I'm currently in Seoul and wondering if there are others as well, if so let's connectEven for other US citizens traveling abroad, I'm curious to hear stories of your experiences you found to be new, exciting, interest...
Good morning, regardless of what happens today, there’s a HUGE bill due from covid.1031’s, capital gains, and now the stepped-up basis could go away. Rather than people thinking I’m coercive, please just google “step...
I'm a newb from San Diego and have been lurking the BP site for the past couple months. I've read the beginner guide and listened to multiple podcasts and I'm ready to begin purchasing out of state cash flowing homes....
I've been strongly considering getting a rental property. Duplex perhaps? I'm still interested but my interest is fading. I'm all about waiting until there's "blood in the streets" but with Govco. dropping the hammer ...