Hey everyone, I wanted to draw out everyone's opinion. I have a 401k that is matched by my employer, so I contribute to that. It's a no brainer since it's free money. All of my other savings is 50/50 split between sav...
I have two rental properties which I bought 4 years ago. My initial investment in each home was $40,000. Our market has gone crazy, and at this point, if I sold, I would net around $150,000 on each house after taxes...
Hi everyone, I am looking to purchase an apartment building and after much searching I have come across one in which the owner is willing to do a Master Lease Option on. Here are the terms: Purchase price: $335,000Dow...
I need to lower my rental income for this year due to some other income coming in.I know I can prepay certain expenses at the end of the year since I do cash based accounting. Now I am wondering if would work to have ...
I just listened to the recent BP podcast with Dr Benjamin Aaker and Dave Meyer from a couple of weeks ago.https://www.biggerpockets.com/blog/real-estate-1045There was a section where Dr Aaker talks about focusing on e...
Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...
This is my first post so please be bear with me: I own a co-op in NY and have been renting it out. The numbers: Mortgage – $1580 Maintenance - $1,462 Sublet Fee - $281 – so it costs me $3325 a month to keep the apartm...
Seems like there are two methods which all the books, videos and articles put forth: Cash Flow and Appreciation.
Landlording seems to lend itself to the Cash Flow side of things, with possible returns several years d...
I recently purchased a house in Burbank, California. It was a long process finding a house that made investment sense in a location with such high demand and such high prices (average cost is $750k for a 1400-1500 sq...