Paul Novak
Expand Or Payoff
I am debating my next move with my rental business. I am not that big. I have 3 total properties and 5 doors, 2 multifamily properties and a single family. My goal is to retire off of my monthly rental profits and ...
Babu Ramadoss
Why should we do 30 yr when compared to a 15-yr mortgage ?
Hi
I understand that people advice higher Cash ROIs to evaluate a rental (investment) property so that you will have cashflow. However, I am wondering why is it not a good option to go for short-term loan so that...
Mark Forest
Qualified Business Income
This is what I get for not doing my taxes earlier. I use Turbo Tax and the program just asked me if my SFH properties are Qualified Business Income or not. The help post at Turbo Tax seem to say no, while the CPA who...
Paul Tejeda
Hello BiggerPockets my name is paul
Hello bigger pockets I currently am self employed and a small business owner net income of 71k a year on paper,50k saved up and 700 credit score. Im 29 years old I want to crest a net worth of 1 million by 38 years o...
Curtis Shotliff
First Post and Deal
Good morning, I woke up a few weeks ago and decided to get into the real estate game. I have some medical issues that prevent labor already, sometimes typing in the office is to much. I and 31 years old and my hands ...
Tom Gillotti
Post about me (same as my "bio")
I am a 34 year old married, father of one. My job requires us to move every few years and we decided to purchase a house at each location as a rental/investment property. This all started by accident when, in 2012, we...
Tristyn Brown
Subject to my own house to my business
Hi, I started my journey with becoming an accidental landlord. I now have decided to form an LLC and get serious with Real Estate. I want my current house to be under the business, I'm thinking of having my attorney d...
Heather Chavez
Would Leasing a vehicle effect me from being approved for a home?
Hello, For a few years now i was not able to be approved for a Loan to purchase my first home because of a high car loan. I no longer have this vehicle in my possesion and am not held responsible for the car loan anym...
Aaron Lobo
My mother wants to retire...
Hello everybody, this is my first post so if I am posting in the wrong section or I sound silly, feel free to let me know.So my situation goes as follows, my mother would like to retire. Currently my parents purchased...
Mark Stone
Year end rental expenses; purchase now or later?
My back tenant will be moving out in the next 2-3 months. I have a lot of repairs I will need to do in his unit. Would it be advisable or legal to purchase the material now before the end of the year so that I can wri...