Bill Mitchell
How to spend money you EARN in an LLC
I am gearing up to set up an entity in the form of an LLC. My question is, when you earn money that is made payable to your LLC, how do you spend it?
You can't commingle funds, so how do you spend the money y...
Maria V.
Advice for a newbie on RE development of existing property
HI - not sure if this is the right group, but hoping it is. I just joined this site as I am researching options for developing existing property in a highly marketable area in Boston. We own a one-story commercial bui...
Gabriel Benavidez
Bi-weekly program to pay house off faster
What do you guys think about a bi Weekly program for a rental property? And have you guys heard of equity plus?
Will Johnston
Calculating DTI on Rental Mortgages
I've found different lenders calculate DTI ratio when it comes to rental income differently.Some lenders take rental income (or a percentage thereof), subtract the mortgage amount, and then add the result to either th...
Carlos Martinez
Took Over House/ How do I leverage it.
Hello. Couldn't write much on the description but here is the situation but first a quick background. I own a 4-plex and I self manage so I have some experience. My family and I live in a house (El Paso, Texas) we are...
Rax Gupta
What % of cashflow is considered good for a rental property
Hi All, I am considering buying a rental property. After all, deductions, what percent of cashflow is worth going through all hassle.
Daniel Tisdale
Should I turn my house into a rental property and buy another?
Hi all,
I'm currently 29 and I've owned a house in Central Austin for about 2.5 years now. Being in Austin, it's appreciated very well over the last two years and I've just refinanced, which makes my monthly paymen...
Everett Stephens
Analyzing my first multi-family transaction...
Greetings! Thank you much for your time and consideration with my newbie question. We've been a SFR company in Memphis, TN for about a year with 20 units and growing steadily. I've found a couple of potential multi-...
Andrew Warner
Real Data for Foreign Investor in C Class Assets in Metro Detroit
I thought it may be useful to some of those in the bigger pockets community who are new to investing in RE to share some actual data from “C” class properties.Given all the discussion around projecting returns from bu...
Terry N.
$250k to $5000 a month?
Somewhat hypothetical question. If you had $250k to start with. Could you turn that into $5k+ a month? How (generally or specifically) would you do it? Thanks!