Hello,Just learning to evaluate properties and was wondering what would be a good website to determine recent average household income for an area. http://www.city-data.com/ has some good information but the most rece...
I am currently evaluating neighborhoods and found one that looks good. When I look at the income trend the per capita income was -.5% but the household income was +3.0%. What is this trend showing and is it good or b...
Hi everyone from BP family,i have a question that received some answers on but not from professionals ,just friends so i am not sure,Soi am on my way to buy a first property at the end of the year for house hack and s...
Hello there,I am working on my New Year Resolution, which is purchasing a buy and hold property :) I have a general question. So my household income (my spouse and mine) is good enough (above $75K) to get money from h...
Hi everyone,I'm doing some excel modeling to analyse properties and I have a couple of questions regarding losses carried-forward. Until today, I thought that a passive tax loss for a given year could be "stored" to o...
Basically, I want to make sure that my tenants will be able to pay if one of them ups and leaves, disappears, or gets hit by a bus.Is it ok to require minimum income of 5x for household and let's say 2x for individual...
A prospective tenant got in touch and their household income is all over the place with two adults working their income is 1.9x rent add to it social security income, income from being handicapped,a minor earning some...
Looking into emerging cities and wondering if you could advise on how to utilize the median income and average household income for cities that are unfamiliar. What would YOU look for and why?
Thanks in anticipation of the responses I'll get from this post. Not sure what the best line of action is in reaching my goal of financial freedom via real estate. My financial goal is monthly income of $10k.
I curre...
My wife and I make a combined household income of approximately $400,000 from our 9-5 jobs.I understand that certain tax benefits are eliminated or reduced after you cross higher ordinary income levels related to real...