Lesley Resnick
My step by step BRRRR
2 September 2019 | 114 replies
I am more concerned with the velocity of money than the costs, as long as the property covers its costs for acquisition and monthly. 762 = PITI1000 = rent 100 property management 138 = cash flow per monthI will be able to take a chunk off my taxes:Repairs De Minimise work Bonus depreciation standard depreciation Loan costs In summary:This was a really good project, I got all my money out in 3 months.
Jay Hinrichs
Finally made the Business Journal in the Portland Oregon market
23 September 2018 | 11 replies
I only have to do another 640 million in annual sales here locally to over take them :) Anyway I am closing on a 90 lot project beginning of December and if we can keep the velocity going that should move me up into the top 20..
Doug Phillips
Tax Lien/Deed investor out of Cincinnati, OH
9 July 2018 | 10 replies
Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.
Lukas Lease
New guy from Front Royal, Virginia
8 July 2018 | 6 replies
Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.
Charles Haverty
Soon-to-be physician, wanting to house hack to start!
3 July 2018 | 18 replies
Plus...escape velocity...
Christina Tabacco
New Member Huntington NY
11 July 2018 | 11 replies
Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I strongly recommend all the tax advice given by my fellow CPAs.Amanda HanBrandon HallTax Reform Update – Brandon Hall and Amanda Han Linda Weygant GuidesUltimate Beginners Guide Forum StickiesBP Calculators or spreadsheets uploaded by membersMy Favorite Books I have to say all of the BP books…right?
Tim Johnson
Grand Rapids Mi newbie
8 August 2018 | 10 replies
Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.
Rick Villarreal
New and excited to be a part of BP
15 July 2018 | 12 replies
Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.
Hunter Gore
New investor from Greenville SC
1 July 2018 | 4 replies
Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I strongly recommend all the tax advice given by my fellow CPAs.Amanda HanBrandon HallTax Reform Update – Brandon Hall and Amanda Han Linda Weygant GuidesUltimate Beginners Guide Forum StickiesBP Calculators or spreadsheets uploaded by membersMy Favorite Books I have to say all of the BP books…right?
Forrest Martinson
Recent engineering graduate unhappy with current position.
4 July 2018 | 11 replies
Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.