All Forum Posts by: Jon Boella

thanks brandon will review your site once it is bug free and see if this level of membership is good for me.

have sent various emails to a chap called brandon from biiger pockets who tells me its because of my memebership package that I'm getting these bugs!!  Think I will be unsubscribing at end of month unless sorted - pity as like your site!!

Since joining bigger pockets I have run my three properties through the rental calculator and one of my houses is showing a small negative cashflow. IRO 40 euros per month

I'm based in France and bought the property 1 year ago with 100% bank mortgage - no cash down. The tennants more than cover the mortgage, taxes and most other costs. However using bigger pockets calculator I see once I include vacancies at 7,5% and improvements then I'm showing a neg cashflow.

I bought the house for 80000 euros including all fees and if sold now would not cover these costs. In France there are 10 - 15% costs to add to the property price to cover buyers costs. So will be at least  year 3 before I have any equity.

So in this instance I can see the only sensible thing to do will be to hold the property at least till year three and maker a wiser choice next time only choosing a positve cashflow property.

Have read various negative cashflow posts and see a big no no - however where no cash is put down do you feel this is still the case - understand if all my future investments do this then cumlative effect could be a problem however if one or two properties do this in a bigger protfolio they will still produce long term equity so maybe worth holding?

Any thoughts appreciated as very new to this. Bought my first 3 properties with my builders head on and only now finding out about the facts and figures.

why is my currrent rental property report not displaying in my list bof reports - either in current or archieved list

have there been some changes on your site with regards to this?

how do I delelet a rental property report?