Hi all,
I have a hypothetical question for you all. If you were a 20-something who was fresh out of college and buried in student loans (oh the perks of being young, not). You managed to save up some pretty decent mo...
Can You Deduct Payments Paid on a Principal Only Note?
Situation; Elderly Seller bought their Triplex home for
around $350K Many Many Years ago. She lives in One unit and rents out
the other two Un...
Financially, how do you evaluate your potential real estate investments? Is "Return on Investment" the best method to use? I'd like to know how each of you approaches your investments.
For instance, I read of one i...
Hey all, I have a very high level tax strategy question / hypothetical as a sole proprietor LLC.
Let’s say I own a place worth $100k. After expenses, I net $15k in cash flow at the end of the year.
I then take tha...
Hey BP fam,
I’ll try to keep this short and simple. Have a primary home moving out of and analyzing whether to sell or rent. Stats:
-PITI: $1950
-Rent: $2750
-Current Loan Amount: $300K
-Current Value: $475K -$50...
Hello Bigger Pockets Community! I'm Charlie Lee from Salt Lake City, Utah. I am graduate student with a bachelor degree for New Media. My goal is financial freedom through real estate. I have very little background in...
A 200k 15 yr mortgage with 6% rate will cost you $165k in interest. Stretched out to 30-yr it's still over 100k in interest. If the value of the home is 200k, after 30 yrs maybe it's 600k and it cost you 300k in inter...
We recently bought a house that was built in 1950 and remodeled in the 70s for 78k cash. The market value for a house this size in this neighborhood that has been improved is around 135k and it needed about 4k for ba...
What jobs would have great potential for time, money, and to invest in real estate?
Happy New Year to fellow RE Investors!I am trying to model the ROI and CoCROI for a duplex purchased with a solo or self directed 401K. Since I would be using my own money, is it just a cash purchase? Should I try and...