Trying to figure out if 300$-400$ is good cash flow for a property that’s 180,000 ?
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...
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...
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...
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...
Hi all, would like to hear your opinion on this deal:- Irvington NJ, at the southeast part- 4 family, didn't see the place yet, owner says it's in "ok" condition meaning no fixing required yet. all units are month to ...
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...
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,...
This is my first post on the forum. I've been listening to the podcast for the last several months, and snooping around the forums. REI is something I have been interested in for several years, but I have always hesit...
Hey everyone,
Context:
I am looking to buy my first investment property. Over several years, I have worked hard to save up for a down payment, and I currently have $200k set aside in a money market account ready to ...