Christopher Forero
Banking structure for first property 3 Unit building.
Been reviewing others posts and watching some videos. For now not getting involved in an LLC, but want to act like one for now. Will be house hacking basement and have 2 rented units. Want to act as though I am a tena...
Matt M.
What do you guys do with extra cash flow after paying expenses
Hey guys,Just out of curiosity.. after paying your expenses, setting aside for CapEx, vacancy, etc. what do you do with any extra $ if there is any? Do you save it for another property? Use it for personal use?
Collin Lee Johnson
Allocating additional funds so as to appear below income limits
Alright guys so here's a hypothetical (and it is an actual hypothetical right now as I haven't gotten a raise yet); let's say that someone is currently making below the income limits for a housing program and will be ...
Danny Sok
Separating personal and buisness expensive
Hi guys, so I’m fully renting out my first multi family property and now I’m living in my second multi family property (house hacking). I have separate checking and saving from my personal life which comes from 9-5 da...
Woojin Joo
how to calculated expected tax savings with first property?
How much tax savings can be expected with my first investment property? How can I do the calculations myself? I pay a lot in taxes in my W2 job, and would like to know how much can be offset.Does the math change signi...
Sandro Bianco
Newb with No funds but great Credit
Hello All! This is my first post on the Bigger Pockets forums so i'm very excited! To give you a little background on myself, I am 30 years old and hope to soon be a first home buyer. I have no savings but i have a 40...
Cynthia Oistad
SFR is paid off - Should we take line of credit for next home?
We are fortunate to own a single family rental home in our area outright. The mortgage loan was paid off earlier this year and now we are seeing higher monthly cash flow. The home value has appreciated considerably....
Matt M.
What do you guys do w/ the rental income?
Do you pay off the mortgage at a higher rate? Do you put the money into savings for THAT property incase it needs work? Do you put it into its own savings account to use for future investments?
Cody F.
41 unit apartment complex, HELP!
We just closed the deal on a 41 unit apartment complex. We got a great deal, but it's rough, really rough.
Can someone help us with advice on how to get this thing running right?
We have 32/41 rented with an avera...
Cindy Gonzalez
Down Payment for House Hacking
Newbie question - I want to get in the market as soon as possible (obviously) and trying to figure when I'd be ready to invest in my first property. I am currently saving for my first multi-family rental property and ...