Hey all, I had a death in the family and am fixing up by fathers home to rent out. It’s paid off (worth 225k) could rent for 1850.00 I will have an additional 200k cash to invest in property. Should i buy an additiona...
I have a 1972 1500sq ft Mobil home on a 0.4 acre lot. I own both free and clear and am currently collecting $1350/no rent ($1270 after PM fee). My concern is , I have a credit card that has a $30,000 balance with the ...
I have a question re: BRRR.When you borrow money from your property to buy another, it seems that you depend on the rental income to make the payment for you. Thus, you will have to pay the expense if you are vacant. ...
I'm running my realtor business as an S-Corp while paying myself a W2 salary. I'm trying to see if my accountant filled out my K1 correctly... As it stands, my K1 states a high amount of business ordinary income (Box ...
Property is off market purchase at $356k. Has cash flowed between $50k and $56k the last 3 years with upward trend. Same property manager staying involved (did $56k last 12 months). Credit 700+, bank statements ava...
Hey Guys I have a quick question, I purchased a condo a couple of years ago all cash, The HOA keeps rising cutting into my cashflow. My question is should I sell the unit and use the 70k as a down payment towards mult...
so i have 50k....1 airbnb home that needs renovation to make more money....3 other rental properties..1 is paid off the others has mortgages...I want to refinance one property in order to purchase a multifamily home i...
I want to develop a 3-5y plan to turn $500k into $200k/year cash flow. I’m comfortable in the commercial space but also considering Multi Family. Most of my current 40k sqft is healthcare.
Help me develop my game p...
Hey BP Community,I have been diligently running cash flow and Cash-on-Cash return #s from many duplexes and triplexes in the Chicago and Chicago suburban areas. To my dismay, I have found that as someone who wants to ...
I have an opportunity to purchase a very beautiful and unique property - striking century manor house directly on the river, 1.5 acres, huge detached garage/workshop, in a quaint little town 15 mins to two major citie...