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Many claim that we will save lot on taxes by buying a property but i am not sure how we will pay less tax while earning rent.I am CA and i am planning to rent my current home and move to another city.Cost of the house...
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We gound our first property that has a good chance of closing. It was a bit high in what we could leverage funds for and after we close, our options will be limited. Can the bigger pockets folks please give us some id...
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I'm currently saving right now, but I estimate that in 3 years I will have saved $20K-$25K. I'm 27.I want to make $10K/mo and retire early. What I'm having trouble with is, if I use that $20-25K on real estate, I need...
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My portfolio is growing and I need to get more organized. I currently have 9 doors and 2 more pending. I've started making an excel spreadsheet to calculate pure cash flow for each month, so I know what I'm actually...
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At 26 years old, I would consider me to have a healthy savings of roughly $70,000-$75,000 in liquid cash, hoping to start investing in real estate and generate cash flow. - The first step in my journey I know should b...
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Hello everyone, I am contemplating on purchasing another property in SLC. But with the new high interest rates it is very hard to decide if I should wait or bite the bullet. My current property was purchased in 2020 w...
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Where do most people save their money while they are putting it away to save up for their next down payment of a property or investment? I currently have a high interest savings account with Ally paying 1.25%. I know ...
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When analyzing a deal, should one factor in future appreciation, annual mortgage reduction, and tax savings from depreciation (offsetting other passive investment income) when calculating ROI? I am looking at a prop...
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Everyone told me not to use WF. My bad.. The issue is unknown... they actually never bothered to notify me. My realtor did. I think it was because the loan amount is too low..22k. Waiting to hear Monday what they s...
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I’m curious if any investors on here have used cash value life insurance to buy real estate? My Grandfather taught me when I was young how he used his cash value to buy assets and earn a return on his money while it’s...