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I want this to be completely transparent for accuracy. I have not calculated my expenses yet but my W2 reported income was $73,380. I grossed approximately $13,000 this year on the rental properties. I understand that...
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*This link comes directly from our calculators, based on information input by the member who posted.Hi everyone! My husband and I are thinking about buying another rental investment and this one looks tur...
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Hello bigger pockets universe! I first want to thank everyone that have responded to my other posts recently, as a noob investor, you guys have given me the courage to go for it and that's exactly what I'm doing with ...
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Hi there! I was just wondering how you Airbnb hosts fair and how it works. I have a 3 bedroom home in a great area and close to everything in Durham NC that I am thinking of either renting on Airbnb. Just wondering ho...
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Hello BP,I need to refinance a rental property that I purchased through my LLC. I reached out to CU’s and local banks about refinance, but they mentioned I need 12 months season period before I can cash out refinance....
Hi,
I'm a minor partner in an LLC with one other partner. We sold the property held within the LLC a few months back and my partner wanted to 1031 exchange his portion and I wanted to be paid out. As the major par...
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Do you always verify tenants income? Is it necessary asking your prospective tenant to provide proof of income, like a bank statement and recent paystub? And require that the applicant provides you with 2-3 employee r...
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Hey All,I recently joined the group as I envision building a real estate empire. I currently have one rental property with a small profit percentage. I have been personally renting for two years as I have been rebui...
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Hello everyone- My tenant has moved out and the place smells. Neighbors have reported seeing the tenant’s guest smoking so this is the reason for the odor. My tenant attempted to disguise the odor with really smelly d...
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Hi everyone!
I am a 17-year-old senior in high school, I've been learning about Real estate investing for about 4 years now by reading books and watching podcasts. I am taking a gap year next year and going to Unive...