Account Closed
First Property Checklist: New Investor Closing Next Week
Hi everyone – I’m a new investor less than a week from closing on my first duplex. One side is occupied with a tenant I’m inheriting (currently on a month-to-month lease) and I’ll be living on the other side. I’ve spe...
Ashley G.
Is it possible to get HOA Financed? Also how to get board to buy into the idea of getting a Certified (or forensic) Audit?
Hello. I'm new here. I've lurked minimally, but have read some of the material produced by BP beginners. To make a long story short, I am the Treasurer of an owner managed HOA. I took the position in April of this yea...
Reuben Dacher-Shapiro
NY State -Security Deposits
I was hoping someone could clarify the law around security deposits in New York. As I understand it, the law requires landlords keep security deposits in interest bearing accounts, IF the building has 6 or more units....
Account Closed
Cell tower lease California Valley
I was proposed by AT&T to put a cell tower on my property in California Valley, CA. Its a very rural area and barely any cell phone service out there. It would be placed in the corner away from the house on the 2....
Baahir Starkey
Is 300-400 good cash flow for a property after expenses are paid?
Trying to figure out if 300$-400$ is good cash flow for a property that’s 180,000 ?
Ryan Cartier
I think I have analysis paralysis, Cash vs Total ROI
I keep playing with multiple house calculations. When running an eval should I be more focused on the Cash ROI or Total ROI. It appears that I can get a positive cash flow in the $200/month range but my Cash ROI is ap...
Jacob Wawiorka
How to best start an LLC
Hello Bigger Pockets Members, Last week my offer was excepted on single family home in West Allis Wisconsin. I am working with my Step Father who is basically funding me while I do all the leg work. We decided we woul...
Cecilia Schettino
Calculating rental yield with a mortgage
Hello! I want to calculate a rental yield when I have a mortgage, however I don't think what i am reading in Google is correct.
I am new in all this...
If my property costs 200K USD - and my mortgage monthly cost is...
Mike Nelson
S-CORP Salary Reporting
When paying yourself a salary under S Corp status, what are the guidelines for reporting your salary? I understand you have to file a 941 every quarter, but if you are the sole owner and individual of an S Corp and s...
Kyle Ashmore
What is your Financial Independence number?
What is your FI (Financial Independence) number?
How to find your FI number: Determine your annual spending in retirement, yes, you need to have a budget! Multiple the above number by 25. Example, if you require $60,...