Yang Zeng
First investment (multi-home) property, close to home or in a cheaper market?
Hi all, first time posting here.I have been listening to the BiggerPocket podcast for a few months and would like to get my feet wet.There is an opportunity, close to where I live in Los Angeles, which asks for 2M. In...
Colby Mulry
Tenant always pays late, but not late enough....
I have a tenant in my first floor unit who has been late every single payment for 11 months in a row with every excuse in the book. However, they always end up paying right before the legal timeline for eviction. Does...
Tony Hoffer
To 401k... Or Not??
Curious what everyone's thoughts are on the following 2 options:
1. Put money aside in 401k and take a nice tax savings now, but not be able to leverage the money easily for REI. With a Self Directed 401k I may have...
Chaim Rosenstadt
Tax on turnkey Cash Flow
Hiusing a 100K property as an example (turnkey), with a 25 year loan, 76K, 5.6% p.a. that would mean the first year roughly 4K interest, and the depreciation would be 100k/27.5=3.6K, so total 7.6K - 630 USD/month.Now ...
Kenny Lincoln
Rent Your Roof for Solar, Has Anyone Tried This Before ??
Has anyone rented their roof for additional monthly income as it relates to solar energy?This opportunity has presented itself to me and I'm doing a bit of research. I can rent my roof to a company for solar power. If...
Nicole Chang
Multi family realtor in bay area?
looking for a reco for a great realtor that specializes in multi family in the bay area.
Austin Petrie
Analyzing Returns on Properties held for 20+ Years
Hey all,So my grandfather started investing in real estate over 30 years ago and has not sold a single property. I'm currently trying to analyze how well each of these properties performs year to year to see if any ar...
Summer Timms
Does the BRRRR method exist with turnkeys?
Hi, I am VERY new to REI. Thus far I have read a few books, practiced analyzing properties, scoured Zillow, Craigslist & the MLS, spent hours on BP and secured a HELOC. I am convinced there is money to be made but...
Arthur Banks
Rental purchase rule of thumb
Can someone please tell me the 'rule of thumb' when evaluating a property for rental? Or better yet, what is the '2% Rule and the '50% Rule'?
I'm looking at a potential deal tomorrow and I'd like to get my numbers rig...
Craig Fialkowski
Lease Option for unqualified Buyers
Has anyone has any success putting tenants into lease option programs with buyers who could not get traditional financing?
My question will help an investor client of mine interested in purchasing 18 builder closeout...