Hey friends, For those of you who own a turnkey property, I'm just curious about your exit strategy. I'm still holding a turnkey property I bought in late 2013. It's cash flowing fine and I have no intention to sell s...
Hi All,
Does anyone have advice on how to create a cashflow projection sheet, for both analysis and investor presentations. If anyone has a sample excel spreadsheet that they are willing to share, it would really app...
Longtime lurker, first post. Thanks to the BiggerPockets community for all the invaluable advice -- it's helped me personally and professionally for many years.
Here's my question: This year my wages at my non-real...
Mornin' BP. I'm new to the site and new to REI but this community has been fantastic already. Quick background. MD raised, residing in Fort Worth, TX now. USAFA grad, spent several years deploying and flying for the A...
I was trying to run some numbers through a spreadsheet to see what the effects wereof cashing out a 401k to invest in vs. leaving it in a self-directed IRA/401k.Assumptions:1. Starting value of 300k in 401k2. Lose a t...
Hello BP Fam,Like many here, I'm looking for a CPA to assist with not only my LLCs and out-of-state rental properties but my personal tax returns as well for 2023. I would also appreciate and benefit from tax consulti...
Hey all, we're looking to sell our home in the Twin Cities Minnesota. We're in a really good area. Looking at listing for the $430-450k range. We owe about $304k & are in probably year 2 of a 30-year loan at 3.12...
Please help me to figure this out.How do you calculate vacancy rate? andI want to know if this is a great deal for a rental property? Property is in NJSqFt: 1240Lot Size: 2482Property Type: Single FamilyYear Built:...
A teacher I used to have has 38 properties and all 10/15 year mortgages which all have break even cash flow which in turn lowers his taxes from his full time job. After the 10/15 years he refinances and pulls out as ...
Background:
-Male in late thirties.
-Own several rental properties in the Seattle area.
-Interest rate on currently primary residence/house is 3.25%, no PMI/MIP.
-Tax bracket is 32%.
-Mortgage payment is $974 a...