Carlos Simmons
Flipping Houses vs. 1st Position NPN?
I know it's difficult to estimate in a spreadsheet due to so many variables but for people have flipped houses AND who invest in 1st position NPN, which results in the best overall after-tax ROI? I know the first res...
Ahmed Zif
Advice for 29yr old purchasing first apartment in Brooklyn
Hello! I'm 29 yrs old & want to purchase my first apartment in Brooklyn. I can put down up to $150K downpayment & have ~$12K/month salary after taxes. Any advice for optimising this purchase?
Ideally I'd liv...
Nick Coons
Flipping & Tax Strategies
I know that with flipping properties, the profit generated is taxed as ordinary income. And it can significantly increase one's marginal tax rate.Other than the basics of running a business (operating as a pass-throug...
William C.
Bankruptcy and rent to income ratio
A tenant that applied just filed Chapter 13 Bankruptcy several months ago and has a 600 credit score. His gross income is 4.6 times rent, but he has some after tax deductions (including bankruptcy payments he just...
Account Closed
Snowball Payoff 10 SFRs in 7.5 years for $110k cash flow - advice
I'm considering a purchase of 10 SFRs in Wichita. I have a few homes there already, and a fantastic property manager that I respect and trust.I've run some preliminary numbers, and it looks like I might be able to cas...
Sean Harvey
Carrying Over Profits Year over Year
Assuming that operating expenses will vary from year to year, what do you typically do in the years with minimal operating costs?
For example, if you have $300k in leftover revenue, do you pre-emptively spend on the ...
Chad Odonnell
If you have $1mil in cash, how would you turn into cash flow?
Hypothetically speaking, assume you sold your business/house or had an inheritance and after taxes you have approx $1mil in cash. How would you turn that into $15k per month in cash flow?
Marysue Connelly
recommended cash on cash return on a rental purchase
I recently listened to a webinar and heard Brandon say he would not buy a rental unless it made 12% cash on cash. I'm hoping Brandon or someone else can clarify if that is before or after tax. Does that include pri...
John Thedford
Wrote Another Mortgage-12% Plus 4 Points-NO TENANT HEADACHES
For those contemplating alternate investments, I highly recommend considering hard money lending. I started in 2012 with little knowledge or information. At that time we didn't have Dodd-Frank to be concerned with. Fo...
Jonathan Marsh
Buying a house that will never cash flow?
My lady and I are moving to Columbus next year and will be buying a in the $450-$500k range. With 10% down, PITI will be about $4,000/month which is around 25% of gross earnings per month.
Comps right now for 2-3 BR ...