Eric Chappell
Has anyone use Rental Hero for bookkeeping?
16 December 2024 | 35 replies
You get a pie chart of income and expense breakdowns and then you can open up the bullets to the expense or income categories and it is further broken down as far as you have decided to enter categories for your data.Best I found is, this was a 30 day free trial and I just looked to check, it is currently listed as $119 a year.
Madison H Heir
Moving soon, hoping to find some land
6 December 2024 | 1 reply
Just last month, from what I read in the Wall Street Journal, there’s been a growing interest in these more under-the-radar markets.. places like Casper that might not scream top-of-the-charts popularity, but quietly attract buyers who appreciate untapped potential.
Qusai Agha
Newbie from London! Assignment Contract Wholesaling?
7 December 2024 | 2 replies
., if I’m dealing with someone in, say, Chicago or Austin, I know precisely which local operators are closing quickly and which boutique lenders are staying nimble.
Kenny Smith
November by the numbers....
2 December 2024 | 1 reply
The market supply has had a surplus meaning they are sitting longer and "stockpiling", nothing crazy but it is noticeable in the chart.
John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
Chart below shows last 45 years, about 14% in sp500 and 8.7% in rental income producing real estate, nominal not real.so maybe if the 1% rule is telling you that single family rentals are too expensive?
Marc Shin
contractor is threatening to take me to court
13 December 2024 | 20 replies
Maybe he does file a nuisance mechanics lien (whether he can and precise procedures) will be dependent on local law.
Scott Trench
New Policy Idea: BiggerPockets to Send Wholesalers a $125 Bill For Every Solicitation
8 December 2024 | 14 replies
I can say the number of private messages I received lately from people offering private money is off the charts, which I also find comical as they clearly did not read my profile - and yes my response back is not very kind to them.
Mathew Constantine
Question About Rental Property Analysis in The Book on Rental Property Investing
30 November 2024 | 0 replies
On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?
Jonathan Greene
What are your real estate investing goals for 2025?
30 December 2024 | 103 replies
If you look at charts it's pretty obvious we've already made the turn on bonds/rates.