Matthew Shay
What are your rules of thumb for expenses?
Interested to hear what rules of thumb do you use for multifamily. Right now trying to figure out payroll for a 47 unit. Also, do your rules of thumb change when you scale from 50-10-150-200 units?
Benjamin Sol Ignacio
W2 --> 1099 : Real Estate Professional - Tax Status - Does it make sense?
Good Morning!I currently work in Land Development as a W2 employee making $200k+ a year. I had spoken with my previous CPA about possibly becoming a 1099 for my current employer to achieve Real Estate Professional sta...
Desmond Price
Rental to help offset 120K in income tax
Hey guys,Im trying to get an idea of how much a rental property could help with offsetting income taxes. Im looking for a SFH here in SoCal to rent out long term. The purchase price is 250,000 and the rental income is...
Robert Anderson
My first flip and looking for a place to buy windows
hi, I just got my first flip and I need 20 windows. I live just south of Boston and we have Home Depot, lowes, or should I go to a place that makes them. I looking for cheap but with some quality to them. I'm open to...
Christian Clark
San Antonio / Gardendale Fourplex - Seeking Property Management
Hi BP,I have another one under contract and am struggling to feel confident in moving forward.It's a fourplex in San Antonio in an area called Gardendale (not to be confused with Greater Gardendale which is supposedly...
Jake Hill
Primary to Rental SFH
Hi All,Planning to start renting out our primary home in the next 6 months. Any advice on transitioning a house to a rental? This will be first rental property.Thanks in advance.
Mark F.
BRR into owner occupied duplex?
Before I talk to lenders, Id like to throw this deal to the forums with clarifying questions. Meant to leave off the repeat in the title, left off the refi part by accident. We, wife and I, are serial house hackers (o...
Kevin Wang
Online rental application vs. paper application
I've been using traditional paper rental application for my rental property, I see sites such as zillow rental manager now offers online application feature. Due to Covid-19, I am thinking of it giving it a try. I w...
Richard Jenkins
Utilizing Primary Homes Equity: Maximum Ratio?
My primary residence is paid for and would like to use part of the equity to start investing in long-term SFH rentals. Would utilizing up to a maximum of 50% of the available equity be too much to take out for invest...
Madison Malek
Should I move?
I am currently living in my hometown which has about 24 thousand people. I would like to move eventually to a bigger area with more things to do & people to meet. I am not a yet a real estate agent, but I just rec...