George Laboy
How can i decide if a deal is worth it
Hello BP, My name is George, I am a part time college student finishing my degree in business administration. However I would really like to be a real estate investor full time right after college and I figured ...
Account Closed
House Hacking After College Graduation
Hello all,I am graduating from college this upcoming Spring and will be starting full time work in September. With the 3 months I have off for the summer, I am thinking of trying to find a duplex or triplex in the Min...
Sunny Burns
Hired Interns/laborers to work investment property, W2 or 1099M?
Is it true that you don't have to file taxes if you make less that $10,350(W2), but if you receive 1099Misc income, you have to file anything over $400?I am mostly interested in this, because I just hired some interns...
Darlene Tyson
Buy and Hold
Howdy! We own one investment property in College Station, TX (CS), home of Texas A&M University 'Gig 'Em. We currently have both our college students and one renter in that 3 br, 2 bath home. It is in an area t...
Matthew Russell
Upfront Rent Payment
Hi All!I own a SFH rental in the Charlotte, NC area and I am currently working with an applicant interested in my rental. For some background I have already received a rental application and performed my due diligence...
Jestin Sorenson
prospective tenants with high debt to income ratios
I have a couple applicants that are married with a newborn baby. She plans on staying home with the baby. They both have mid 700's on the smartmove application, which I think is really good. They both are college educ...
Chris Williams
Wipe Out Student Loans or Save for Later Real Estate Buys?
I've seen some threads about paying down student loans vs. investing in real estate. Usually great material; par for the course here. However, I haven't come across one discussing my situation. So I thought I'd start ...
Scott Trench
What if Student Loan Debt Could Be Subject to Bankruptcy?
Hi folks - I wanted the BP community opinion on an off-topic finance related thought.It seems to me like a ton of millennials, and more of whatever the next generation is called, are graduating college with massive st...
Eric Bilderback
Millennial's growing poorer
Listening to people beat up on the young folks for having their student loans paid off. Look at this people born between 81 and 96 are getting poorer while the rest of us are getting richer. What this is really sayi...
Corey Westermann
Rejecting good applicants
Hi guys - I could use some advice. I've got a few rentals that I've been managing myself over the past 3 years, but this is the first time that I've received numerous qualified applications on the same day. Basically,...