Purchased a primary residence in March 2017 and lived in it until Jan 2020, then rented it out until May 2022 and sold in June 2022. We owned this residence for just over 5 years and lived in it for at least out of ...
Hi everyone- long time reader, first time poster. I started reading all the books, blogs, and podcasts about 2 years ago, and am ready to get into the REI game here with a quadplex!I’ve done my best to catch all expe...
I was trying to determine the unlevered free cash flow for a property and was wondering how to determine the amortization that you are suppose to add back into the equation. Below is the equation.
Unlevered free cash...
Hi all, this is my first post here. I have decided to go the land flipping/leasing method as my first dabble in REI. My personal situation.. I am already self-employed and work from home so I have tons of time. My cas...
This is my house hacking story that will go into a little depth of how I got into real estate, live debt free, and show some rough numbers of my property. This is my first “blog/forum” and will help me achieve my goal...
I have a rental home with approx. $87k remaining on the mortgage (6% rate, 20yr, currently at month 57 of 240). I will be receiving approx. $91,500 tax free; more than enough to pay off the mortgage immediately.
I wa...
I got my credit scores from myFico.com. My scores are as follows:
TransUnion: 773
Experien: 778
I called one of the business credit companies because I am thinking of obtaining a business loan and the manager told m...
Hi all,Given the uncertain times during this COVID-19 pandemic, I am trying to think of some creative strategies and opportunities on how to gain valuable experience any investing world, mainly centered about buying a...
I have been interested in REI for years. A year ago, when this COVID craziness started I decided to dedicate my free time to learn. I have attended numerous webinars in BP reading the forums and specially listening to...
How to figure out what tax bracket you’ll be in during retirement? For example, let’s say a single person makes a 100K per year on W-2 right now working for a corporate world. It’s taxed at about 25-30 percent, right...