Matt Williams
sell or hold duplex?
20 January 2025 | 4 replies
Tyler local, so sparked my interest whenever I see anyone post about the area.Given that your duplex is fully paid off and generating a steady cash flow of $1400 per month, it's understandable that you're having second thoughts about selling it.
David Oh
Profit Sharing Bonus for Property Mangement Staff
26 January 2025 | 9 replies
They also get a small bonus on every review they generate.
Brendan Jones
First property advice
9 January 2025 | 9 replies
Quote from @Brendan Jones: I am very new to learning about real estate and am looking for advice on my first home and how I can best use it to help offset my mortgage and generate cash flow.
Shelly Moses
Happy Tuesday, Bigger Pockets Community!!
17 January 2025 | 3 replies
Just know that it is a "no days off" kind of business and very mechanical.I would suggest documenting your process via video so that eventually you can bring people on to replace the different hats you will be wearing.Keep in mind of these 5 components of any wholesale business.lead generation, deal sourcing, underwriting, marketing, transaction coordination.
Justin LoPilato
House Hacker Introduction!
22 January 2025 | 9 replies
Do you have a favorite service for generating leads?
Account Closed
Thoughts on using cash or HELOC for down payment on investment property
7 January 2025 | 1 reply
. - if I use my cash, the investment needs to generate > 5%.
Matt Agnew
Using funds from an SDIRA for real estate purchases
20 January 2025 | 7 replies
Hey Matt,With $50K in a self-directed IRA, there are several strategies you could explore to generate both short- and long-term returns, depending on your risk tolerance and investment goals.
Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
15 January 2025 | 4 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
Diandre Pierce
I have 5 houses renting, what's next
12 January 2025 | 8 replies
A real estate business can also potentially generate a SOLO IRA or something like that.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
27 January 2025 | 32 replies
Some sell everything and ride off into the sunset, others prepare a trust and train the next generation to take the helm.