Wakes Andre
Should I pay mortgage, contribute to 401K or put aside and invest
I contribute to my 401K around $1500 every month before taxes. The company I work for contributes around $150 to it every month as well. I'm 35 and I have a 15 years mortgage for my primary residence. If I pay the add...
Arthur Thomas
I DESIRE TO BE A REAL ESTATE INVESTOR
DEAR FRIENDS, MY NAME IS ARTHUR THOMAS I HAVE BEEN DESIRING TO INVEST IN REAL ESTATE FOR YEARS BUT DID NOT KNOW WHAT TO DO. BUT A FRIEND OF MINE TOLD ME ABOUT BIGGERPOCKETS. SO HERE I AM ASKING ALL OF YOU FOR HELP TO ...
Artur A.
Please help me to run a numbers for a deal (loan, HOA, rent)
I'm planning to buy a property in the Bay Area (Danville, Concord, Richmond area). If something happens in my life and I would need to move out after some time.I'm trying to calculate all numbers, that rent will cover...
Justin Fox
Cost basis of rental property question
I have a single family home that I refinanced in 2010 and paid off completely in July of 2013. The home is now a rental property, and has been since 09/01/2014. I didn't take the depreciation deduction on my 2014 re...
Thomas Brady
1040 Schedule E question
Hey, I'm new to the investing world and just requested the 1040 Schedule E from the seller. As I was reading through it, all the numbers looked good to cash flow with, until I came to depreciation expense, which was $...
Christopher Erwin
How to Get a Mortgage without W2 Income
A critical element of RE investing is access to good financing; rapid lender approvals and good terms provide an investor significant advantage in winning deals and generating strong ROI.For first-time investors or th...
James H.
To pay or not to pay off your primary residence
This discussion was cropping up in another thread about a different topic, and I wanted to hear more feedback from other members about what they prefer. As a primer, I am going quote @Rich Weese contributed as I find ...
David Schulwitz
DFW BRRRR: Finding reliable annual property tax numbers
Hello Fellow BPers, I'm analyzing deals for BRRRR around DFW using the great BP BRRRR calculator. First box of entry that has me scratching my head is the "annual property taxes". If I'm analyzing a deal off of the ...
Sid Franklin
Chicago/Illinois Property Tax Hikes Making Me Jittery About Investing
Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy). Property taxes are already high, but ...
Dennis King
Rental House Property Insurance
I own rental homes in Kansas and Missouri. $800 is what I pay in Kansas for property insurance a 3 or 4 bedroom with 2 or 2.5 baths home around 1500 square feet . These are nice solid A neighborhoods.In Missouri, a 1,...