Age 56 and retiring from farming and I’ve been very good at avoiding income taxes with depreciation and business expenses. But I will have over a million in pure gross income coming in 25. Plus I may also sell some ...
In the tenant screening process and found what I thought was a good fit. Credit screening however revealed >$75,000 in credit card debt most of which was accumulated over the past 3 years. There is additional 40K i...
Hi guys and girls - brand new BP member here in sunny Alamogordo, NM! I am serving as an active duty officer and have about 5 years until retirement. My focus is on buy and hold single and multi family units to buil...
Hello everybody! My name is Leland Creecy and I've always been interested in real estate. I have looked at real estate as a retirement option for the past 15 years but never felt I was in a stable enough position to...
Hi all,I'm wondering if anyone has a rule of thumb cost for splitting a SFH into a MFH under the following assumptions:- Splitting Power/Gas between the two new units where the circuits for the home don't need to be r...
Has anyone had experience using turn key providers? Any recommendations or who not to use? Any successes or flops?Mahalo
Hi All - My wife and I would greatly appreciate some advice as I believe we're starting to suffer from some 'analysis paralysis' based on all of our reading, listening, etc. over the years about various/best strategie...
Here’s a situation that one of my relatives is in.If anyone has advice or experience I’d appreciate it. I have a family member that is in a bad spot. They have personal loans, heloc, and mortgage they cannot pay based...
All I ever do is put money back into the properties. With class A rentals I can always find something to upgrade.
My home is still not finished so there is plenty for me to spend time/money on there. One day it too...
Hi guys, We're a young couple in our late-20s living in New York City.
No house. No car. No children. No debt. Combined income $220k-$280k. SO is a software engineer. I run a small Airbnb biz.
Liquid $530k - m...