I found a property in Texas (Duplex with an extra unit so a Triplex) that has rental incomes of $2375/month, recently renovated (like 2 years ago) and it costs around $150k, am I missing something? putting 20% which i...
In today’s episode, we’ll tackle the intrinsic link between the pursuit of financial independence and the founding principles of the United States.
The link between the pursuit of happiness, financial freedom, and re...
Hey everyone, I signed up on this site a while ago and haven't posted much but have been reading and listening to podcasts and I am ready to take some action.A Little about me and my situation:My wife is self employed...
Hi everyone,
I am very new to real estate, in fact, I haven't even begun yet. I have been a BiggerPockets fan for years! I listen to the podcast and attend the weekly webinars in order to learn as much as possible.
...
Hey Guys, I am a broker that has been working on rehabs and flips in the Southern California area. I am looking to supplement my income and start generating some more cashflow with managing some properties before I...
So, I have my first property under contract. I'm excited about it because it offers good potential as either a flip or a rental. In deciding between the two options I'm wondering:Which strategy has more tax advantag...
Does anyone know how to calculate the marginal tax rate? I want to take (depreciation + interest paid) × marginal tax rate to calculate yearly tax savings. The template I'm using has 51% currently plugged in but I fee...
I'm a full time student and school is my priority. I also have to work full time in order to make ends meet. I need to create time to be successful in REI however the only time I can take from is work. So my question ...
Hi,I'm just starting out and trying to get a first investment property. Looked through the site and read a lot of discussions, finally decided that maybe a out of state turnkey property will be appropriate as the firs...
I am not managing my property and have a property manager, so I get a reconciliation of what the property makes minus the charges for the supplies, repairs, etc. I currently use Stessa and their bank to manage my acc...