Most investors buy rental properties for cash flow, and the fear of losing money keeps many rookies on the sidelines. How can you be certain that you’re going to make a profit before you buy? Today, Ashley and Tony wi...
Do you want to buy a rental property in 2025 but fear money could get in the way? Putting 15%-20% down is a huge hurdle for new investors, but there are several strategies you can use to limit your expenses, grow your...
Dion McNeeley retired in just ten years after starting from not just zero but NEGATIVE. He was forty years old with $89,000 in debt, had no assets, a low-paying job, and zero investing experience. Thanks to his “lazy”...
Hi all, I see many people asking in these forums what costs to keep in mind when estimating a property that will be turned into a STR. I compiled the list below with the most relevant items in my experience. What cost...
We have been approved for the EIDL loan, but after taking a look at all of the requirements for use of funds, I can't see how it's advisable for landlords to take this loan, unless you are truly in need, hence the ter...
I have a deal that I would like some feedback on. This 8 unit is located in a very safe town. However, unemployment here is about 2.5 points higher than the state average. Also, the population here is growing at 14% p...
How much of your profits are eaten up by income taxes on rent paid each year?? I know you get deductions for depreciation, and maintenance but even after that, it seems like any profits would be eaten up and possibly ...
Hi All,
Can anyone recommend reading material (BP articles etc) that covers how I can pay myself each month with my rental property cashflow? More specifically, how do I calculate what I need to set aside for taxes b...
What’s a good rule of thumb to follow when starting a business or owning multiple properties for how much you should set cash aside to go towards the mortgage, expenses, emergencies and paying yourself? Thanks in adva...
Hello . I'm just getting started. Currently have one property. I'm wondering how to best maximize taxes while staying legal. --
I know that businesses don't get taxed on their expenses, only the profits. From that sta...