Account Closed
Want to invest in Market with better cash flow
Hello, I am a new member and would like to ask a question. I currently have an investment property in Brooklyn worth 900k with a 300k loan. Rent is $3100 and after expenses I bring in $300 per month although I do pay ...
Ossie Nadeem
contract of deed
purchase: $150,000
repairs: $3000, time & sweat
rent income: $1300
97% owner financing @ 6%
My only issue is that the owners want to keep the contract of deed. my agent advises against this. any advice? thanks
Sergio Rodriguez
Another Newb from Bay Area, California
Hello Everyone.I missed the New Introductions when I started posting green questions. So I want to come back and start here.I currently am a part time employee at a Dry Cleaners and an Uber Driver in the Northern Peni...
Christopher Norris
How do you come up with the down payment for rental properties?
So I am looking for some advice. We are trying to purchase rental properties to pay for my children's private education. We estimate that we need roughly 9 more properties that generate $300 / month in cash flow to m...
Pixel Rogue
Can rental income be used to contribute to retirement...explained inside...
As an independent contractor years back I was able to exceed traditional 401k limits w/super/megaroth. This was glorious. Since then the company which provided the solo 401k was acquired, rules changed so that now (in...
Argel Algura
Out of state investing and creative deal making as a newbie investor 1 year in
Hey Bigger Pockets Community,A year ago I wrote about rebuilding and starting over in life and considering real estate investing as a path (see post here: "Bad credit, minimal cash and starting over in life . . . Is t...
Bryan O.
Solo 401k Attached to Passive Income Entity
Hi experts. I recently found out how contributions work for a solo 401k and that rental income is passive. So basically I'll never be able to contribute my solo 401k in this entity. Not the end of the world, but certa...
Haile Shavers
Primary Home Investment or New Purchase
Hi! I am about a year into purchasing primary residence for me and my family. Our home has an in law unit above the garage that we currently live in. The space is pretty outdated since it was built in the 80s. We liv...
Steven Libman
Paying Less Taxes via Commercial Investment
You Too Can Pay Less in Taxes!
When I first started my entrepreneurial journey, I used to think of CPAs, accountants, and the IRS as the necessary evil that I just have to deal with. Ten years later, I understan...
Mysonne Johnson
Should I get my real estate license?
How do you guys think about a real estate investor having a real estate agent license as well? I know some benefits to have access to MLS but what else?