Account Closed
AGI over $150K. What do you pay taxes on?
Seeking some clarity.... If I have an AGI over $150K (lets say 39.6% tax bracket) and I own a rental property with figures as follows:- Annual Rental Income: $40K- Annual Operating Expenses/Mortgage Interest/Deprecia...
Alexander Monnin
How do appreciation investors satisfy Debt Coverage Ratio
So I was wondering how appreciation investors satisfy the debt coverage ratio? I keep seeing that banks require a 1.2-1.3 ratio. I know that a lot of appreciation plays barely break even on cashflow or are sometimes...
Austin Fox
Self-Manage vs Property Manager
Hello Biggerpockets,As I continue my research into making my first purchase, I have never been a landlord before. I have lived in an apartment so I have an idea what it is like but not from the other side. What are yo...
Asish Balu
Baltimore's declining population and cash flow.
I'm currently searching for my first investment property in Baltimore City. Since the area is declining in population, won't this eventually cause real estate prices to fall?If I invest for cash flow in class B neighb...
Martin Guerrero
Have had several inquiries on AirBnb to rent for greater than 30/60 days.
Looking for some advice on potential tenants that want to rent our airbnb for 30/60 days. I would require a signed lease from them as well as a security deposit. I know AirBnb does not allow links sent via messages....
Account Closed
Forming an LLC out of state, living in California
Hi all,
Firstly, I would like to ask if anyone has a good real estate attorney reference in California?
Second, can someone help me understand costs around forming an LLC out of state while I live in California. I k...
Carlo Rodriguez
Paying off Debt first or start real-estate investing?
Hi,So I'm on the fence on this one. I'm leaning more towards paying my debt off first to.A few years ago (2015) my wife and decided that the monthly credit card/tax/medical/students loan bills were getting out of con...
Paul Theriault
What course do you recommend for learning about wholesaling?
I'd like to learn about wholesaling including: Autopilot, Finding buyers, and finding good deals. I watched a video from Chris Chico and almost purchased his course but found it very expensive for $800.00. I decide...
Jeb Brilliant
Any recommendations for Property Management for a duplex in Indianapolis?
Hi All, I'm looking to buy my first property in Indianapolis, it's a duplex. Being in California I need to find a property management company. Please send me any recommendations you have. Thanks for your input, I real...
Rabeeya Khan
Turnover price quote from Vendor
Moderators please remove if not allowed: Hey everyone, We have a recently vacant home in indi that needed a quick turnover for next renter. Our PM’s preferred vendor send us this quote. Looking at the prices , along w...