Bill Goodland
Millionaire net worth by age 30?
So I've known for years that I have wanted to get into real estate and then more I've been reading, listening to podcasts and being active on the forums have really opened my eyes to the power of REI and how it can gr...
David Rutledge
Existing rental properties count as debt or income for new loan?
Hi everyone,So I am starting to get the ball rolling on my next investment and I am trying to gain some information as to what I can expect to be able to borrow with my current situation. I am toying with a few ideas....
Panayiotis Spanos
Self Employed - Finding financing in an expensive market
To set the stage, I’m self employed with an over 800 credit score. Between my wife and I, our only loan is for our car. We have about $60k saved up in just a couple years and a $100k in a committed gift from family t...
Jon Deavers
DIfference between cash flow and noi
Hello all,
I have a pretty basic question but couldn't find a concise answer posted.
What's the difference between net operating income and cash flow (as used in an REI context)?
My understanding ...
Dave Versch
Tax advantages?
Hi. I am just getting started as a real estate investor. I am about to close on a single family property which I'm paying 39K for. There's a Section 8 tenant who pays $675 per month. I'm using my HELOC on my resid...
N/A N/A
Payoff vs. Refinance vs. Do Nothing
I have rental property that I have owned for 14 years. It was our first house. We got an FHA ARM 30 year, which is based on the 1 year t-bill (rate + 2). Its been a great ARM easily beating out the fixed rate in most ...
Julio Gonzalez
New bill passed by Congress
Here’s a very brief summary of a few things it includes:
- Stimulus checks worth up to $1,400 per person. There are restrictions based on how much you make.
- Unemployment assistance - A $300 federal increase to we...
John Hoover
Sell my house or Rent it?
I’ll be moving in with my girlfriend soon and I’m looking for opinions on whether to rent or sell my house. I have rented it in the past but I am considering selling now. Here is some of the relevant information:Estim...
Mark S.
KY LLET (Limited Liability Entity Tax)
I received a letter in the mail from the Department of Revenue in Kentucky prompting me to register online for tax accounts for my business (I started an LLC in 2016 in KY for the purpose of asset protection for real ...
Siddharth Shastri
Wholesaler / Seller for Commercial Properties: 5 Units and above
Hi All, I'm looking for fixer-upper / rehab commercial properties (5 Units and above) anywhere in the US. It'll be great to know if there are any Wholesalers or other investors in the forum that are interested in offl...