Jeff Lee
Help. Tenant Makes 3x Rent, but it's the income source that..
My rental is for $1,050. I'm looking for $3,150 in gross income. What's worrying me right now is how the tenant makes the required amount.Below is a rough breakdown (by %) of the tenant's income sources, also assumes ...
Shivam Patel
Need a Strategy to go from my first deal (bad deal).
I just bought my first house hacking SFH in Boonton, NJ. I plan on staying here until I finish my masters and then 1031 exchange into quadplex. The reason why I don't want to hold this property the house was built fro...
Will Barnett
HVAC training
Here in Texas the AC goes out a lot and is the number one maintenance expense. So now I usually install a whole new system when I purchase a property. That way, I won't have to worry about it while it's under warran...
Chris Banman
Decision time on first purchase!
Hi All,I am new to the forum and looking for some of your valued feedback. Last week I closed on the sale of a rural 40 acre piece that I owned outright and have the money in a 1031 exchange. The clock is now tickin...
Kyle Forsythe
My First Deal.. HELP!!
Hi all, I'm new to real estate investing, but I'm not getting cold feet about buying a property. I think I've found a deal that will work for my scenario (house-hacking until I graduate college) but I would really lik...
Ken P.
I bought my wife a brand new car for only $10,000 !
A little over 4 years ago, I wrote a forum post on BP with the same title as this post. Click on the link below for the details behind this unusual title:https://www.biggerpockets.com/forums/48/topics/165...Right on...
Hector Casablanca
Looking for a Mentor/Coach
Hey folks...I am looking for a strong/proven mentoring/coaching program geared towards investing in tax liens and deeds. I have learned the theoretical basics, but want to avoid the "big" mistakes by connecting with ...
Mickael Castillo
I'm going for it but wife is hesitant
So going full into research mode and sharing my findings with my wife and I bring up the fact the buying a multifamily for our first home is better than buying a single family but she's not having it. I'm trying to te...
Shane Hummus
The safest investments while you're saving for a downpayment?
If you're just keeping your money in a traditional bank account then it's losing value but if you invest in the stock market theres always a chance it goes down and even if you do make money you might have to pay shor...
Tim Henderson
Best Strategies for Knocking Down my tax bill?
All, I'm closing this week on a multifamily deal. We're doing a double close and the holding period is just 1 day so I don't think I can qualify for the 1031 exchange. Let's say I'll get paid out around 250K. To my kn...