Javier Ahumada
Equity vs interest in rental property
When you are paying for your mortgage, does that amount paid go in a fixed percentage to your equity and interest in a yearly basis, or it goes first only towards paying the interest that the bank charges?
For examp...
Llewelyn A.
Broker's Course - Is the Answer to this Exam Question correct?!
I am taking the New York Broker's 45 Hour Course online. Some of the questions doesn't seem right to me.I took a snapshot of the question I had a problem with:Is it right to say that in the Total Expenses, Mortgage Pr...
Kathryn Knoblauch
Sd 401k age 72 required distribution
Hello Bigger Pockets!my question involves how required distributions are handled with a self-directed 401k. Let's say I own a multi-unit property in my SD 401k and I reach age 72. Let's say there is a lot of equity in...
Jeff Boyle
Financial Statement Template
Does Bigger Pockets have a Personal Financial Statement Template that is available?
N/A N/A
Rental Cashflow/Profit Worksheet?
I saw in a book sometime in the past that had a worksheet to help determine if a rental would be profitable or not. I cant seem to find it.
Does anyone have a worksheet that they use to determine if the numbers work...
Mark Hu
Thoughts on buying vacation condo in maui?
After a wonderful week in maui, the spouse and I are playing with the idea of buying a condo at the same complex (ainu nalu) where we rented. We are assuming the association there also manages the tourist rentals. The...
Daniel Myers
How can I buy with no money down?
I have a property listed for 375, 000
Has a business using 7,000 sf of the first floor it has 3 total floors with a total of 21,000 sf I may have the deal worked to buy the business which will pay the building 2000 ...
Carlos Guzman
Philadelphia Real Estate License study course advice needed!
Hello All !I just moved to Philadelphia from California and want to get started in my RE career.After some research I have whittled down my options for the online courses to two:https://www.realestateexpress.com/preli...
Jason Mak
Yardi vs. Buildium
Was hoping I could get advice from experienced folks out there.
Currently managing 3 buildings, 350 units total. So quite a lot of activity in terms of rental collection and expenses payment on a monthly basis. I h...
Gary Freidman
Cheapest But Most Efficient LLC Formation
I am looking to form an LLC and wanted to ask those who already have one if you though it was necessary to use a lawyer or could I just use the various formation services like corpnet? If you used a lawyer, how much d...