Andre Chouinard
Owner occupied duplex DTI calculation for HELOC
Hi everyone,I have been owner occupying a duplex (renting out one full unit plus spare bedrooms) in Dover, NH since 2016, get rents totally $3440 monthly, seen great appreciation on the property value, and want to ope...
Robert Burns
It's Now or Never!
While I've been fooling around with REI for almost a year now without any deals. You guessed it the operative words are "fooling around". I'm retiring in 4.5 months and need additional income ($5,000- $10,000) / month...
Thomas Weber
How much potential does real estate really have?
Hey BP Forums,First timer here and was just wondering how much potential does real estate really have? More specifically, I'm wondering how long it would take to get your passive income to be roughly $100,000 a year i...
Account Closed
Here is a debate Question
Here is a debate Question: What is the best Lease Agreement to use? A month to month or Annual?I will start off. I prefer to have a Month to Month Rental Agreement. The reason being is that if it doesn't pan out, ...
Elizabeth Watmough
Lend via LLC?
To create an additional income stream, I have decided to privately lend (gap funds under $50k for my first) amongst other members of the REI flip method coaching program to which I belong. I have already formed an LLC...
Mindy Jensen
Raise Rent Annually?
In today's Episode of the BiggerPockets Money Podcast (BiggerPockets Money Show 230) we talk to Lisa about raising rents on existing tenants.Do you raise rents annually, and potentially lose a great tenant or do you k...
Tiffany Sorocco
New to bigger pockets and excited to start investing save
Hello all I am a 34 year old single mother of two sons 13 and 15. I just recently purchased my first home for $505000 with an FHA loan. This was a huge accomplishment for me coming from a difficult financial Backgroun...
Marek J.
After tax return question
High w2 earner and was wondering what would be savings i make on tax regarding rental income after all tax write off?for example I’d need to make 18 at work to equal 9k rental income.
So I calculated that with real...
Wade Reeves
Is the Duplex I found a good deal or not?
Found a duplex for $205,000
Renters both currently pay $975
Mark S.
eHarmony Meets Quitclaim Deeds
I listened to The Investing in Real Estate podcast today with Clayton Morris from Morris Invest. There were a couple of things on today's podcast that I found pretty interesting - hence the title of my post:1.) Affi...