Have a few questions and would love some suggestions!Couple quick facts about me:28 years old. Living in Los Angeles.Renting where I live for $1700.Currently stay at home dad. My schedule is fairly open / flexible (so...
Hi,I have an S corp question. I have an accountant. Senario-- I own a brokerage with 8 agents and I also still personally do residential sales. My agents are 1099'd as they are independent contractors. The brokerage...
I've been reading and listening to the media from bigger pockets for the past 5 years, and at the end of 2017, I pulled the trigger to buy my first rental property. What was unique was the fact that I live in Shangha...
Hey BP community!Over the last year, I have developed a big interest in real estate investing and have been an avid follower of everything BiggerPockets has to offer. I have recently decided to take the leap into purs...
From a twitter series:Along with LTV, one of the most important key metrics lenders look at when determining eligibility, rates and terms for investment property loans. Crucial to understand! DSCR is simply the ratio...
Down Payment: $500k-1m (hoping to stretch this across the maximum # of properties as possible)Business Income: 300-400k net profit (Only 1 year of history so far)Personal Income: $5-10k a yearPersonal credit: credit s...
I own free and Clear a extremely unique property in upcoming Little Havana, Miami, Florida. The property sits on the largest lot in the neighborhood, 3 lots totaling 15,500 Sq Feet. The Property consists of 1 main hom...
BP,
Again I don't have a Flipping clue. Ok that was a lot funnier in my head. But seriously, I was reading several posts on here about SE taxes and got a little confused.
What exactly gets taxed? Is it all prof...
3 yrs. later and over $750k in bookings earned...Here's what I've learned about rental arbitrage. The Pro's AND the Con's
Pros:
1.) Low barrier to entry (<$10k to get started, don't need great credit &am...
I listen and occasionally call in to a satellite radio show that helps listeners with personal financial matters (paying down debt, saving for college, retirement planning, asset allocation, etc.). The show is great ...