All Forum Posts by: Aaron Breckenridge
Aaron Breckenridge has started 6 posts and replied 267 times.
Post: Finding deals that justify pulling from HYSA
- Technology
- Dallas, TX
- Posts 378
- Votes 239
Sadly, I don't know anything about the Denison market. I think it does make a ton of sense to look around DFW than right inside DFW.
And yes, I would try a few different tools to get a rent estimate, not just Zillow:
https://www.rentometer.com/
https://www.biggerpockets.com/insights/property-searches/new
https://www.neighborhoodscout.com/
Neighborhood Scout has pretty good info on what returns look like for specific markets.
Post: Finding deals that justify pulling from HYSA
- Technology
- Dallas, TX
- Posts 378
- Votes 239
Don't try to time the market. When/if rate cuts happen, everyone is going to be jumping into something else, all at the same time.
If it makes sense at 100-130k down payment on a 200k-ish property, does that same logic work for 50-75k down payment? With that strategy you're keeping more in reserve and earning interest and possibly seeing appreciation.
Post: STR in Dallas
- Technology
- Dallas, TX
- Posts 378
- Votes 239
STRs are banned in Dallas.
https://www.biggerpockets.com/forums/530/topics/1123770-dall...
Post: Can't sign up for Pro
- Technology
- Dallas, TX
- Posts 378
- Votes 239
Quote from @Michael Campbell:
Does anyone have any idea what is going on with Pro membership? I've emailed support several times with no response.
@Michael Campbell were you still having trouble signing up?
Post: Seasoned Real Estate CPA Expert Answering all Questions on Investing Tax Strategy
- Technology
- Dallas, TX
- Posts 378
- Votes 239
@Jim P. please use the "Report Abuse" feature (in the menu below the post) and the mods will take a look. Thanks.
Post: What Are the Best Books to Pick-Up for A Beginner?
- Technology
- Dallas, TX
- Posts 378
- Votes 239
Post: Help in flipping my very first house in Dallas
- Technology
- Dallas, TX
- Posts 378
- Votes 239
Quote from @Nassar Tawil:
Hello Everyone,
I’m thinking seriously about flipping a house.
I’ve watched many videos for people claim they can help you flip houses for a huge fee.
Instead of waisting my money with those scammers, Can you guide me about any resources I can use during the process/checklist I have below:
1)Finding the right house to flip
2))calculating the rehab cost
3) estimating the ARV
4) Finding good contractors and getting quotes from them to do the job
5) finding lenders and getting offers from them
6) finding a good realtor to help in buying/closing the house
7)selling the house after being refurbished
Thanks for your input in advance
1. I hear Facebook is popular for this. There are also "off-market" listings here.
2. There's a calculator for that here that uses Kukun.
3. Look here for estimating ARV.
4. Finding good contractors is really hard. I know some folks though that are fantastic. PM me if you want any personal recommendations.
5. Use the lender finder.
6. and 7. Use the agent finder.
Post: User Stats & Votes
- Technology
- Dallas, TX
- Posts 378
- Votes 239
Quote from @Tom Gimer:
Quote from @Scott Trench:
Sam - this is like many forums and social media sites. A "Vote" is like a facebook like or an instagram heart.
Over time, they add up, and hopefully that gives you some insight into the quality and quantity of the poster.
I have the most respect for people, and weigh their opinions most strongly, who have hundreds or thousands of posts, and many, many more votes than posts (love a good 2-1 vote to post ratio). I feel that this showcases someone who has spent a lot of time thinking about real estate, has seen a lot of questions, and has good frameworks that have been validated by the community with positive feedback.
I’m surprised by this response.
Give good advice to a colleague on a unique fact pattern … get 1 upvote. If you’re lucky.
Give a funny response on a “trending” thread … get 20+ upvotes.
Let us know if you have any recommendations for alternatives. Votes are pretty easy and a common pattern. We've definitely given some thought to making BP forums more like a Q&A site, where people could vote up/down for useful responses, but it's never even made it to the drawing board.
Post: What happened to the auto-scroll feature?
- Technology
- Dallas, TX
- Posts 378
- Votes 239
@Bruce Woodruff just to follow up, this is working for you now, right?
Post: Louisville! How are you utilizing AI within your business?
- Technology
- Dallas, TX
- Posts 378
- Votes 239