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This tweet From X is very funny :So, basically, we buy 9caps in the Midwest. And after unforeseen capex, we usually net $437 a year. Then, we sell for a 9cap in five years.”
- Rick and Ricky, SFR gurus“We bought this...
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Hey Forum. I was wondering what you think.
I'm looking at houses in the 100k-150k range(I know the neighborhood well). Then I would rent it out to come closeto breaking even on the mortgage. Then in about 4-5 years I...
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A new study from personal finance website SmartAsset ranks Austin and neighboring Round Rock as two of the nation’s top 50 boomtowns.
To come up with its list of boomtowns, SmartAsset evaluated data for 500 of the l...
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Here is a question for my fellow investors. Several of my tenants are in my rental houses for now over four or five years. I was able increase their rent over time but it is still about $150 or so below market. I am o...
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I started investing in buy & hold rental property about five years ago and have been managing everything myself. I’m up to 3 properties, 11 doors in total. My goal is to continue to grow my portfolio while being a...
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Is it worth the effort to do Cost Segregation Depreciation for a smaller 4-family residential building?
According to the IRS there are several methods of doing a cost segregation analysis, one of which is a '...
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Hi!I have tens of thousand in my company's 401(k) Roth, and I plan to move to another company this year. I just recently knew that Roth IRA has much more benefits:- Withdraw the principal anytime tax-free- Withdraw th...
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Hi, all.
A 5 year lease give a 5 year
option to extend. It states:
Landlord hereby grants to Tenant the
option to extend the term of this lease for an
additional period of five y...
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Hello Bigger Pockets community,
I'm currently in the early stages of purchasing a property with a partner, and I have some questions about the potential tax implications if we decide to sell within five years. Here's...
Im currently thinking of buying stocks to pay off my mortgage. I’ve gotten at least 70% returns in my two portfolios I’m currently paying an extra 2500 a month in principal payments. My mortgage is 2450 a month. I owe...