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How easy is it to produce $1000 in cash flow from 100k cash invested in real estate? Where would I have to invest to produce $1000 in cash flow with 100k cash ? Are there any turnkey companies that I could do this wit...
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Good evening. I posted this same question in the Mortgage and Financing forum and received some great insight from the lending perspective. I'd like to get some feedback from those with an extensive knowledge of real ...
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I am getting interested in learning more about the space and it’s options, benefits and possible growth potential.I currently focus on commercial multifamily properties, which is great and all, but I feel retail/wareh...
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I'll try to be brief. I'm looking at an 8 unit apartment building above an autoparts store. It's not ghetto, I swear.My partner and I have the P&L statements for 2014-2018. The apartment portion of this deal ha...
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When working with lenders, it is often required that you provide a personal financial statement including gross income, expenses, net worth, etc. For personal use, these should be as detailed as possible so that you c...
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Current Situation - Trying to tax plan for 2020 tax year- househacking with SO and 3 other roommates, and planning to claim active participation and claim a deductible passive loss- Deductible expenses are based off f...
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Hello BP, My partners and I are looking at putting an offer in on a property to rent out on Airbnb in a resort town here in Canada. I would be obtaining the mortgage in my name and assuming all of the risk, my partner...
I am looking to hire my 7yo son as a household employee. Mainly Supervising his 2 year old sister while were home so we can complete tasks such as cooking and laundry.
I do not own a business. Am I able to do this ou...
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*This link comes directly from our calculators, based on information input by the member who posted.Hello, I found this prop on craigslist and called on the ad. Turns out the prop is with...
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Hi all - I know this topic has been hit on a few times but I wanted to ask my question in a very specific manner to get collective expert feedback. I understand I should consult my CPA, and I will. They are, however...