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When doing rental property calculators and writing a budget for monthly expenses there is the 50% rule that says expenses should be half of the monthly income, but is that true in all cases? Utilities can vary widely ...
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When buying a house using 100% private investors money, what are some tips on fair ROI for the investors? Also if the house is going to be flipped, what is a reasonable estimation of profit after capital gains tax and...
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I need some help coming up with a creative owner financing deal. Here are the details:Purchase Price $165Down Payment : 10kProjected Rent: $1300ARV: 200kWould you do this deal? If so, how would you structure the finan...
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This is my first post to BP. I am looking to buy my first multifamily in the Chicago area. However, my final numbers don't seem to come out right, or maybe they are just not good deals.This particular unit is a 3 fl...
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Hello friends!
My name is Rylee, and I am looking into purchasing my first rental property using a FHA loan, using the house hacking method. As you know the prices in Massachusetts are ridiculous, but so is the rent...
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Hey folks,So at the end of the year I like to assess my 401k, FSA, and saving contributions but I came across something that confuses me...My company has a 25% match (max of $3000) for 401k contributions which from ev...
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I get confused on the difference. Do you use APR for the first month only or what is the exact difference
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Has anyone used DoHardMoney? Are they a good option to get started? They seem like a ticket to freedom cause I'm just starting out. Any thoughts/ opinions?
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So I sold a rental property to the tenants. The property closed in 2019 but the first installment payment will be January 1. I do my own taxes using Turbo Tax small business. Will this program be able to handle: Depre...
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