My Husband and I have been looking to purchase our first investment property. My husband has been at his current job for 7 years and it is a 70/30 split Salary/commission. He was offered a position at a new company wi...
My family lives in the bay area and we are making stable income of 200-300K a year. My strategy for 2021 was to keep renting and remote invest in other states and so far I've accumulated 4 lower priced properties in O...
Hello;
For those of you who hire a project manager, do you find it enough to pay salary, or do you give a percentage of the deal too? I'm trying to think through which would offer the better cost/benefit (since givin...
I have a question regarding taxation. For one of my properties, when I incorporate the losses (depreciation, insurance, tax, repairs) in comparison w/ my rental income, I get a net gain. I was under the impression tha...
Income: -$3,000 ($2,400 after taxes) salary-$500 ($400ish after taxes) dividends/commissions-$1,575 in rental income for my owner-occupied duplexDebts:-$950 mortgage for my duplex-$50ish for min. c.c paymentHow I thou...
Hi BP community..I get the BP Blog alerts so I'm usually pretty current on the topics that bloggers are writing about.I've seen some great articles on landlords retaining tenants. I just read a good one featuring 6 Ti...
Hi all,
We currently do our own property management for all holdings in-house. We have gotten passed the discovery stage and now would like to expand on that side of the business.
How have you experienced companies ...
So I finally got my courage up to jump into real estate, got my pre-approval done. Found a nice house that I was about to make an offer on to start house hacking, and then life came around and gave me a sucker punch t...
Does anyone know if these rules are still applicable today? My understanding was that in any given situation, you could not work full-time in order to qualify as a Real Estate Professional. For instance, if someone wo...
Hello all, I am a young real estate investor who is looking to buy their first property. I think (emphasis on think) I have found a deal for me but here is my situation: I am a recent college grad with no 2 year inco...