Steven Mercado
Is the Connecticut market over Saturated for investing ?
I am currently looking to get back into investing in RE in the Connecticut market. I currently live in the tri state. All and any advise is welcome thank you ahead of time
Michelle Bright
Adding my name to the title
Hey BP community! My fiancé and I are moving states and purchasing our first buy and hold property in Indiana. His employment contract is for two years and afterwards we plan on making the house a SFH rental. My name ...
Jeff B.
What is DTI & how is it evaluated?
Debt-to-Income Ratios are the heart of lending, after all, the new loan needs to have a hope of being paid from income. Notice, ratios, plural. There are two and they indicate different risks to the lender, Front-E...
Jason Wagner
Blind bidding, newbie in Central Florida
Hello BP community,I’m new to the site and to the real estate investing world. I’ve been trying to get my first deal going but it seems like I get out bid before anyone even sees the property. Is this normal for a bid...
Marcony Simoes
BRRRR with High DTI
Dear All,I'm considering doing my first BRRR but I have a question regarding the BRRR strategy while having a high DTI and I'm curious to know how others have handled this predicament. According to the bank I'm work...
Michael Plaks
Ruffling feathers: money is NOT "made"
One of our prevalent society myths is that we "make" money. Nope. Money already exists, and the only one who makes it is the government with its overloaded printing machines. The rest of us move money around.If we bot...
Kumar Gaurav
Is it Possible to form an LLC out of state?
Hello,I would like to know if it’s possible to form an LLC out of state. For example for someone living in NJ is it possible to form an LLC in Texas? Please note my goals are not just real estate as I am also consider...
Pete Tallerico
Income tax on rental properties
Hi everyone! As a total newbie, I'm trying to figure out this game and am confused about how much and when do you have to pay income tax on a rental property. If I collect $1000 in gross monthly rent, that's $12,000...
Mit Mehta
Should I register as LLC or S-Corp for rehab business?
Hi Guys!I am just starting to get into real estate! I will borrowing private money to flip houses. I want to register my business (in NJ) but I am confused which entity I should register under, LLC or S-Corp or any ot...
Account Closed
Writing off expenses in tax return
Hello,I have a friend who bought his first duplex and did some bathroom reno. The reno job was done by my referral and the cost is very friendly - like under 5K in Boston. He claimed that he will file the renovation c...