David Wilhite
re: How to pay down mortgage quicker?
Ok so I know most everybody has heard about making biweekly mortgage payments in order to pay your mortgage down faster. Instead of making 12 monthly payments a year you make 26 half payments or 1 extra monthly paymen...
Alyxandria Welch
New investor looking for advice on IRA
Hello everyone,I have a bit of money in an IRA right now that I would like to eventually use towards the purchase of a rental property. I am looking for advice from other investors who have used their IRA money. What ...
Michael Fyvie
Employer taxes for Property management?
Does anyone know if a landlord who hires a property management company is supposed to pay Employer taxes for the Property management services?
Marysue Connelly
recommended cash on cash return on a rental purchase
I recently listened to a webinar and heard Brandon say he would not buy a rental unless it made 12% cash on cash. I'm hoping Brandon or someone else can clarify if that is before or after tax. Does that include pri...
Derrek H.
Using my LLC to sell a house to my spouse - anyone heard of this?
Hey BP Community,
I saw a video on Youtube by a BRRRR investor who said he was able to get money out of his BRRRR in just TWO MONTHS with his strategy. The LLC he controls bought a property for $140k and put $15k of ...
Richard H.
1031 Exchange to Rental then Convert to Primary
Hi I have searched for a bit and can't find an answer to my specific situation.I am selling a rental property and would like to 1031 exchange the proceeds into a new rental property. If I do this and later decide to m...
Joel Depas
My first time house hacking, I need help
I am about to take a new job in a new city and as part of my compensation they are providing me with housing of a 2 bedroom apt. They also told me that I could rent out the other room if I wanted to. This is my first ...
Edmund Isas
Lenders PLEASE HELP!! Options for holding a flip!
Ok ill start by giving a little background about myself. Over the last 2 years I have acquired 3 multifamily units totaling 7 rental units. On the first unit my business partner and I paid mostly with our own cash. Th...
William R Johnson
Utilities included in the the first 50%, using the 50% rule
I have a question regarding the 50% rule. I am looking at buying a three flat and I want advice about how to run the numbers on this building.
I understand that the 50% rule is a very good conservative way to evalua...
James Craft
1031 - 121 - Depreciation Recapture
I have a single family residence that I initially purchased as a primary residence, then rented out for some years, and now use as a primary residence again. During the period as a rental, I depreciated approximately...