I just met with a woman at the rental. Her source of income was SSI + child support. As it turns out, they did not meet my minimum income requirement (3X monthly rent), so they didn't apply.
I've dealt with SSI befo...
Hi All,I have been passively investing as an LP in syndications for about 6 months. There are many out there now and I have been looking for a tool that would help me compare a few of them side by side based on criter...
I have an investment property in IN.I purchased in 2022 for $200k. It appraised for $205k. Purchased for kids future/college fund (maybe relevant maybe not) Mortgage rate is 4.4% currently paying $1149 a month (includ...
So I am just starting out here and in the process of educating myself. I think the BRRR method is great; but, I don't have the resources set up to execute this strategy (yet). I also make decent money and really nee...
No matter how many jobs you’ve had or how far down the career path you are, facing any workplace transition brings up emotions, fears, and possibly, some sleepless nights. The bittersweet feelings of quitting a job in...
I've heard it said that business income is handled differently than traditional earned employee income. Can someone explain this in an example for me? For example, how is $10k of earned employee income taxed dif...
I was hoping some experienced investors could weigh in on something my husband and I have been discussing. We took out a HELOC on our primary residence to pay for some home improvement projects and to use as down pay...
Scott Trench, author of Set for Life , is featured on my second-favorite podcast, Stacking Benjamins. Scott shares how to get from $0 net worth, to your first $25,000. Check out Scott's interview here .
My husband and I set up our business as a C-Corp, in order to take advantage of the tax benefits/write offs as well as the asset protection that the C-Corp allows for. However, the first year I went to have the busin...
When you’re calculating the potential rental income for a STR property is there a specific approach to take? Recently I’ve tried estimating daily rates to charge for STR’s using the enemy method (estimating the daily ...