Ryan Schuler
Buy one APT in a complex?
I have a question: What would be the benefits/drawbacks to purchasing one apartment in a long stretch of apartments?I have noticed a few 2 bedroom, 1 bath apartments in a revitalizing area near me that are for sale fo...
Jason Benson
About me post
Hello, my name is Jason I'm very new to real estate and my goals are to start getting into rental companies and provide myself enough income to do it full time and quit my job. I don't necessarily want to make billio...
Neil Warren
Hard money for down payment
is it possible to barrow (hard money) for the down payment
im looking at turnkey and would like to purchase 2 at a time. (in about Feb. Mar of next year. ) i am looking at starter homes that range between $90k and $...
Carlo D.
I'm missing something here. Hoping for some clarity.
Hello BP Community,
I know I'm missing something (Or actually just flat out wrong) when trying to figure out this math equation of Mortgage (Principal and Interest). So I was hoping people here could educate me.
I'...
Mike Dymski
paying year upfront and discount
Anyone accept a year rent upfront and provide a discount...potential tenant is asking? If so, what amount of discount do you use?
Michael King
Stimulus Check / Economic Impact Payment
I just received an EIP visa card with a lot more money than I think I'm entitled to. Our combined earnings in my household was a very healthy 6 figures last year; I thought the stimulus money was for those whose incom...
Jinesh Patel
Tax advise for high earner w2 couple.
Hello,Me and my wife both work fulltime on w2. we are planning to start investing in the real-estate this year. I am not sure how I can take advantage of the rental losses here. As I went to one of the tax classes an...
David Zinn
#askbp 15-yr vs 30-yr mortgage
@Brandon TurnerHey Brandon!What's better: a 15-yr mortgage or a 30-yr mortgage?I can still cash flow just fine with a 15, so I decided to take it (PITI with the 15-yr is $550/month, while it is $350/month for the 30-y...
Michael Hammond
Solo 401K for LLC and S-Corp
All, I've read there are better tax advantages for using an LLC for rentals and an S-Corp for flipping. I have had an LLC and recently set up an S-Corp to start doing rehabs. I like the control features of the Solo ...
Grace Porritt
Should I Pay Myself as a Manager?
I am trying to figure out the best way to take money out of my rental properties with the least amount of tax impact. I was thinking about paying myself 10% manager fee for each of my STR rentals and 5%/month on my l...