What's rent got to do with it?
Everything.
Rents drive the multifamily investor's business model. Put another way - rents are the heart - that help you beat the returns on your savings account or your ETF.
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So I put years of work into renovating a couple run down buildings to provide apartments for people, did all the work myself and then was laid off my job.
Since then I've been pursuing this dream of being self employ...
I have a confession: my only duplex, which I gave owned now for 2 years and recently moved out of from a house hack, has proven to cost me more to maintain/pay taxes/repair/fix etc to the point where my cash flow is c...
Hello BP experts,
I hope you had great holidays.
I am facing the following situation:
I need to put 25% for my next investment. I have some savings in my bank. However, the rest of the down paymen...
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*This link comes directly from our calculators, based on information input by the member who posted.Hi Everyone,Just became a pro member and am looking through a few properties in Houston...
Good evening,
I am new in this great adventure of flipping homes and I need some guidance.
I am looking to start with one home at the time using a “limited†budget. I am thinking about buying an existing rehab for...
Hello fellow investors, my question today relates to the use of an LLC for beginner investors. I understand the value of using an LLC to protect myself from personal liability, but here is what I am struggling to get ...
I have read several articles here about the benefits of scorp vs llc and I'm going to work towards a series llc to hold the properties in 2021. In early 2020, I started a multi-member LLC (2 members) and elected scorp...
Hey BP,
I have a property under contract for ~80K.
I have a family relative who is interested in a trust deed investment (1st position). However, I'm not sure how the taxes and interest payments would be calculat...
When you write up your profit and loss statement, how do you break down the mortgage? Is the interest, taxes and interest the only loss? I'm assuming principal is not written in the loss category even though it goes a...