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I own a 4-unit that generates very good positive cash flow. I've made many improvements to it and have managed it well. I have an almost perfect credit score, but I don't work a day job, so my only income is from what...
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Hi all I was just wondering when you do your analysis, how do you calculate taxes exactly? I understand in the calculation there is a tax tab and I see that people input there tax from there county assessors office. N...
Hi everyone, newbie to the BP site here.Intro: I am "retired" with a high net worth, but living mostly off of savings. Over 50% of my NW is in real estate, most of it rented, but at a low CAP because the resort proper...
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Hello, started out long-term rental investment this year and looking for CPA recommendations in the Dayton OH area or online.Started from a SFH that we lived in for 5 years prior that we chose to keep when we moved to...
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Good morning, the following property is up for sale at $250k. 114 S Broadway St, Toledo, IA 52342 | ZillowThe seller has 'described' it as follows:"The property features a new roof and updated electrical work complet...
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My spouse and I own rental properties. Our longstanding property investments had passive loss carryovers from the earlier years that are now going down each year due to passive profits. (The rental market is very stro...
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I am looking to buy a property, live there and rent out. I am asking for other peoples opinions if this is a good deal and why. The house layout is more like a frat house meaning lots of bedrooms or potential bedrooms...
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Hello BiggerPockets Family,I'm new to REI, How many houses/ doors does it take to cash flow 15k net profit every month ?
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Scenario 1: 2 houses with mortgages, very minimal but positive return on both ($4k annual net profit) Scenario 2: sell 1 house, use equity to pay off other house ($14k annual net profit) Which one would you do? And why?
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I have a great opportunity to purchase several (5 to 10) single family homes for long term rentals. The lease contracts would be with a large global business so it’s a very reliable/steady rent income. ($350k homes at...