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A stupid question, but how many SFH rentals, do you think you would need to confidently quit your day job? I live in the Midwest, so an avg/decent income is 50k a year.
I have 2 currently, that gross cash flo...
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Hello all,
I currently have sufficient income through my small business, good savings, but lack of taxable income and credit due to being self employed (taking deductions) and being 19 (lack of credit history...
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Hello BiggerPockets Community!I am reposting something I sent to the general starting-out community because it is specifically about STR. I figured I would get better responses here:I am deeply appreciative of the wea...
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Hello! I'm looking for a few quotes for a future issue of BiggerPockets Wealth Magazine. Do you want to be featured in our next edition? If so, please answer the following question and I may use your name, city, and s...
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For context, I am in the due diligence process of a quadplex in a C-class area. 2 bed/ 1 bath800 sq ftPP: $275kCap Rate: 7.5%This is my first attempt at BRRRRing a multifamily. Does anyone in the forum have past succe...
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Carpet is so trashed that it may need to be replaced. They will shampoo as required by the lease before leaving for Texas (they even said so), but judging by the type and amount of stains on what was spotless carpet b...
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I was curious on what the rate of return would be on real estate from nothing more than principal paydown alone. Turns out it's not that shabby. Using my trusty CCIM Institute financial calculator, if you get a 80% LT...
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