Michael Bross
First Time Poster - Aspiring 19 year old Home Flipper
Hello, my name is Michael, this is my first post and i'm a rookie so bear with me here. I've read a couple of posts on here and it seem like i'm in the right place. I'm 19 year old and several factors of me growing up...
Venkat K.
Property Management Banking
Hi,I have been struggling with general property managing with regards to banking, rent collections, invoice payment, accounting and year-end tax preparation for last few years. None of the solutions seem to be complet...
Bryan Tilos
Keeping your day job while doing real estate
Hey all,
When you all chose to be real estate investors (and had a full-time job), did you decide to quit your job and pursue real estate?
Ali Alain
Less taxes on rental income
Hi there, I have a question regarding taxes on rental income. I live in Colorado and I've put my property on Airbnb which generate $500-700 as cashflow per month. My question is: If I decide to put those gains back in...
Sean MIddleton
How long do you have to live in a FHA acquired property?
I have heard several people use FHA and 203k loans to buy investment real estate. I currently have a home and am using a HELOC for capital to start investing. I live in my home with my with my wife and son. Knowing ...
Aaron Millis
Fellow landlord's opinion?
Hi BP,I am screening tenants for my college rental that will be available in the fall. I have a 4 bedroom house that I rent by the bedroom. I'm looking into 1 of the 4 potential tenants and see that his income comes u...
Michielu Menning
Contract for Deed -- too risky? Reasonable ways to mitigate
Hello, I am currently contingent on a Contract for Deed duplex and am getting pulled both ways on whether going Contract for Deed is a good idea or not. Situation: - 3 years at 6.75% with a balloon at the end. We can ...
Nathan Frost
Interest Only DSCR
Can someone explain to me how DSCR works and why it would be better to do interest only payments vs a 30 year mortgage on an investment property?Seems the interest only quotes are still high and not worth it.
Jaz McDonald
How to get lending as a 1099
Hello I am just starting out in investing. I have been saving money and improving my credit score. The only thing is I am a 1099 with my line of work and I write everything off to lower my tax payments, so my income ...
Zachary Corum
Uber Driver Applicants
Does the rise of self employed workers driven by (no pun intended) companies like Uber, Lyft and other app driven service jobs pose more risk than a standard 1099 applicant? Sure some can make 55k a year but some mont...