Joe Park
Rooms for Rent Advertising
I recently acquired a 4 bedroom home and I plan on living in the master bedroom while renting out the rest of the rooms. What I would like to do is list 2 or 3 of the rooms.Are there any issues if I were to advertise ...
Ghali Lazrak
How I started out my Real Estate Investing Journey!
Hey guys! New here and had a lot of fun reading how everyone started in the real estate business. When I first started, I didn't have any money, experience or credit to buy. I started off renting out my own apartment ...
Mike Walsh
Buy owner financed at 9% interest or rent and save
Hello Bigger Pockets. I currently own a house in Louisville Kentucky which I am going to start using as an airbnb rental. So I need a place to live.I recently quit my job because I have 2 companies that make more than...
Matt Wells
Paying for primary mortgage with paid off rental properties and tax savings strategy
From a tax savings perspective, is this a good idea? If I had three paid-off owned free and clear SFRs generating $3,000 a month in rental income, would it be wise to put down 20% on a primary residence and use my ren...
Julie J.
Paying off mortgage
Hello allI am looking into buying $700k home in San Francisco within the next 2 years.I have $160k in cash to use it for downpayment or pay off current rental home.My question isWould I be better off paying off rental...
Will Costello
Lump Sum Investing or Pay off Rental Home
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...
William Baptist
How would you guys play this hand?
Hey guys and gals,I’m 45 and working my butt off to get going on this REI journey. My present state: $260K annual salary. $6K a month toward savings. I only have $10K saved toward the $42K for emergency fund. Debt: pr...
Willis Seng
To Dallas Investors: Rent or Flip?
I'm gettin pretty old now and been contemplating about purchasing a property, but can't decide whether to rent or flip. I'm a recent graduate from a university and just turned 23, so I was thinking I would be better ...
Richard Prater
depreciation tax credit
how does the depreciation tax credit work on a paid off rental property? are we taxed more or less vs a rental with a mortgage?
Account Closed
Paying off rental mortgages forecasting
We currently have a portfolio of 14 single family rentals. We are curious as to how the best approach to paying these off as quickly as possible. Do we pay lowest balance first? Some are paid off is 3-5 years, some 15...