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Specifically for the purpose of acquiring, improving, and renting out property in what we would consider Class C/D areas?
If so... would love to brain pick...
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Would like to improve cash flow on 5 SFR, thanks for help.
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I have several friends/family members that have high paying jobs. Brother is in a doctorate program for physical therapy, Uncle is part owner of an architecture/CaD business, Cousin has high paying career at Tyson Foo...
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Hi, I have a question for members who have worked with lenders. When they calculate debt to income ratio, what kind of income do they consider? Would they include:1. Dividend from stocks2. Airbnb income from rental ...
So as my understanding goes, the IRS does not know what "LLC" means. It understands Sole Proprietor, Partnership, and S-Corp, but not LLC. One of the interesting options is to take an LLC and ask the IRS to tax it as ...
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Hello BP! I am an aspiring investor, I work my 7-5:30 every day as a welder all while listening to the bigger pockets podcasts. I have become increasingly more excited about joining the world of real estate. Although ...
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I took a contract job a month ago in Phoenix where I organized as a 1099 contractor for tax benefit. Now lenders won't give me a loan. I am in the same industry and could switch back to W2 for a big hit in income. I w...
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Hey, I was wondering, I'm in the process of 0 balancing all of my credit cards. The only debt I will have after that is about $8500 in student loans(DIRECT UNSUB STAFFORD LOAN), its 3 loans but the highest interest ra...
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Ever since becoming a landlord, I have struggled with the concept of rent increases. The short story is I haven't done them. The longer story is that is coming back and biting me in the backside now. Expenses have gon...
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Hi fellow BP'ers! I have been a lurker here for quite a while and decided I would jump in and get my feet wet! I am a newer RE agent here in Colorado (2014) and have been wanting to invest in rentals. I currently do n...