Lyle Quillin
Help with financing strategy
Our goal is to develop a financial strategy for moving forward on purchasing investments this upcoming year. I think I have a decent plan of attack despite a recent setback, but would love to hear what advice the BP ...
Account Closed
Disability and Real Estate Professional Tax Filing- red flag?
We acquired two vacation rental this year and hired a property manager.My husband is on long term disability, but he has done substantial work to acquire and set up the rentals. The work is all behind the phone and in...
Ronald Perich
Reasonable expectations - Need some help understanding taxes
I've been working hard on my business (even though I am not yet in the business). My plan is to start working the business in earnest starting in 2015. I know that some would prefer me to spend my time getting deals. ...
Zach D.
Calculating Freedom Number
Hello, my wife and I just sold our sfm home that we rented out after we moved to the burbs. We boggled the “cash flow” aspect of the rental but made money in appreciation. Anyway, we are a little smarter now and under...
Jonathan Robledo
New Jersey RE License Needed??
Hi BP- I am new to BiggerPockets (joined today) and have spent the last few weeks diving into the first 20 episodes of the podcast in hopes to learn everything I can about real estate investing. I work at a large soft...
Derrick Ruiz
Things you must do/have before you buy a rental property (regarding the tenants)
#1 - Get copies of all leases. This may seem obvious but it is absolutely critical. Check to see if the tenant is allowed to sublet the property (This should be a hard no). Or if they can have roommates. Or pets. If t...
Blake McWilliams
Insurance Rejection In Illinois
Good morning!
I'm in need of the expertise of this community.
My LLC is under contract for an acquisition of a moderate sized multifamily property. To this point everything has gone rather smoothly; however, we re...
Bre Hargis
Trying to get started; need to borrow a creative brain to see what I'm not seeing.!
Hi I'm Breanna (AKA Anna-lysis paralysis) I have a primary residence in North *Texas* that we owe $211K on. It is financed at 3.25% and we did a cash-out Refi 3 years ago to pay off vehicles with higher interest rates...
Nathan Woods
The Stack Illustration - Thanks Brandon Turner for the great idea!
Hi all, I am new to RE investing but have been researching for years now the most direct and efficient route to scale and this makes the most sense to me. Each step would educate and prepare me for the next. I thought...
Jose Petitfrere
My goal is to maximize cash flow, what are the best loan terms?
Hey BP buddies, im 22, and Im poised to purchase this property in Tallahassee; my mentor always told me if you want to focus on scaling and maximize cash flow, your mortgage term should be interest-only payments and n...