Curt Davis
Question About Self Storage | Need Some Advice
I am looking at a self-storage unit and wanted to provide some of the details I received below in hopes of getting some feedback:One of the value adds they say is there is room to build more on the land. I dont know h...
Ali L.
Solo 401(k) funded by LLCs
Hello. Has anyone created a Solo 401(k) to invest excess real estate income, primarily for investment? I am wondering about tax implications, as real estate income is usually considered passive. In addition, LLCs are ...
Sandi L.
Question about Debt to Income Ratio in regards to income property
Hello,I have a question...If someone has a primary residence and a recently purchased investment property (within the last 30 days) does the investment property count as debt because there is a mortgage on it or does ...
Marshall Swatt
Financing options for 1-4 family, w/out W-2 or tax returns?
I own three rental properties currently, with modest DTE ratios (<70%), and strong cash flow. I'm considering leaving my current job and going into RE full-time, to grow the portfolio. I have capital to make downpa...
Ivett Soti
How to calculate tax implications when investing in real estate?
Hi,My husband and I are trying to purchase rental real estate properties. We are just learning about it, but our plan is to buy a few of these properties (ranges between $80k - $150k) in the next couple of years and e...
Account Closed
$200K - home addition or pay home loan?
We have the ability to pay $200K on our existing loan which is at 4%. Instead I am wondering if I should invest in an addition (approx 600 sq feet), 1 master bedroom, 1 bath & space for office. Current home is ran...
Josh Dehmlow
A couple partners, a couple houses, some cash, a couple questions
I'm thankful for the vast amount of info here on BP. Been a reader for awhile, member for a short time and a new poster.SO... the Situation: (I will simplify numbers for the sake of clarity)Partner A (me) has 2 rental...
Erin O'Connor Smith
Served 3-day notice to perform or quit, now what?
Two tenants who are roommates have always been argumentative and difficult with me about following rules. I discovered they moved in two new roommates, a couple, under the radar a month ago.
I agreed to screen the c...
Dylan Anderson
Qualify Question
New to BP. Cool site. I have been prop investing since 2008. 3 places for 7 units. Going great. Only issue is qualifying always is based on personal income and reaching my max ability to qualify based on income not on...
Samantha A.
How do you get multiple mortgages with BRRRR?
I'm curious about using the BRRRR method and how the bank preapproves an investor with multiple mortgages. When you're ready to purchase additional properties - how do you get approved for the additional debt with you...