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How to use 401K?$200,000 in 401K, rental mortgage payoff is $130,000. Rental gives $500 monthly income from $2,000 rent. Should I use 401K to payoff mortgage and have that $2,000 as income OR take 4% of that 401K (onl...
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Hello BP!I'm interested in your comments regarding the price for this property considering the current rents. The property is located in Montgomery, AL. The contract price is $274,500. The asking price was $280,000. I...
Residential real estate investing has the potential to be very profitable. But how much do you need to invest in real estate and generate steady passive income?
Unfortunately, the perceived excessive costs involved ...
Hi All,I'm getting ready to do my first deal and I wanted to get some sense of whether the numbers work well...Fully renovated, new roof, new interiors, granite countertops, LVP on all floors, etc. Basically look like...
I am considering starting a small business in which I manage short term rental properties for primary owners of Airbnb properties. This technique allows the primary owner to retain about 80-85% of their profit while m...
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Hey Biggerpockets Members,I am currently in the process of renting my first home that I purchased. Below is my analysis.Mortgage, Property Tax, Home Ins.- 830HOA- 80Garbage- 15Lawn Maintenance- 25 Vacancy- 10%Repairs-...
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Hi, and thanks for checking my question out. I have over 35 rental properties and we always have a hard time getting a handle on the average monthly income we can count on. It varies because of yearly taxes, mainten...
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Hey everybody - Im here with some numbers I ran for 2 homes in the area. One home is a multi family and one home is a single family. Just want to see what people think of the numbers and if I should be including anyth...
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How big of an apartment justifies and on-site manager?
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Good evening...
Well…I believe this property is worth taking a second look .
Property has undergone rehab but still could use upgrading. Blue collar profile and working class property. 3 story garden style.
I’m re...