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It's misleading as all hell. It doesn't focus on the truly important elements of the underwriting. And @Brandon Turner is not helping anything by continuing to talk about it on his webinars.[Note from Brandon: see m...
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Good morning Bigger Pockets family,I wanted to ask a question on what should I do with this one specific tenant. This tenant is a mother of 4 that works 2.5 jobs, home schools, and takes care of her family by herself....
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I have a question for my fellow STR specialists. First thought a story! :-)I recently traveled to Omaha NE and found out the Airbnb I was staying at was clearing $50K/ year!!! (It was a SFH with 4beds and 2 baths). I ...
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So yesterday I put in my two weeks. Now what? I don't want to have to find another job, I made a promise to myself that after I left my current job I would not go to another 9to5 and I would not go work for someone el...
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What would you do with $50K in a SD-IRA? Assume you wanted an annual return of >18%.
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I am from the Detroit metro area but I invest in Pontiac. The reason why I invest in Pontiac over Detroit and Flint is because the rent margins are simply not high enough for what you are paying for and putting time i...
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I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
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Thank you for opening my post.I was haphazardly dumping cash in San Diego rental properties since 2006.I don't call it investing, because I had no idea what I was doing. Fortunately, I got in on the upswing of 2012 -2...
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Hi this is Swanny,Please realize that single family, duplexes, triplexes and quads are valued based on Comparative Values or commonly known as Comps. You are at the mercy of comps when you buy, sell, or refinance the...
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I recently started a house flipping business (although I'm not sure how good of a business it is since I have yet to flip my first house). After researching for I can't tell you how many years and after what seemed li...