Paul Merriwether
Has anyone heard of Scott Jelinek and his Slow Flip strategy?
2 December 2024 | 34 replies
Some of them are construction contractors that have decent credit but can’t take multiple loans on multiple properties and pay tons of fees and closing costs.
Mahender Bist
Where to form LLC for legal protection - Business in AL, Living in CA
4 December 2024 | 18 replies
This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.
Tim W.
Help with Mortgage Financing on Small Multi-Family outside Pittsburgh
28 November 2024 | 5 replies
As I recall I paid some fees, but no points.
Robert Silvernagel
Can anyone comment on the short term rental market in Maui?
28 November 2024 | 13 replies
You also need to account for taxes, insurance, HOA dues and management fees.
Hal Roberts
Real Estate Analysis Help
30 November 2024 | 2 replies
., missing property taxes or HOA fees), unreliable rent estimates, and the time-consuming process of manually calculating metrics like cash flow or ROI.Platform Preference: A web-based platform would work well for in-depth analysis, but a mobile app would be crucial for on-the-go research and quick evaluations, especially when touring properties.Wish-List Features: A tool that integrates local market data (rental demand, appreciation rates, or vacancy rates) and offers scenario modeling (e.g., "What happens if I increase rents by 10%?")
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
But what I found ironic are:- Andy, who has been working full time in RE for 4 years, are finally going to make $50K passive annual income from rental (with a flawed net profit calculation that didn't income vacancy rate, maintenance fee); and he said after attending the $39,500 program, he paid total $80K--poor Andy didn't even make his initial investment back after four years and yet they are demonstrating him as a success case.- In fact, Andy is now a "trainer"--which seems to me, training is their stream of income, not real estate- Andy revealed that he found his deal leads through words of mouth; what's ironic is the instructor kept on selling the importance of the company's Elite Success Software and told us we can't make deal without itInstead of teaching something, they spent the whole third day (at least until 1 pm when I finally decided to leave) selling the program.
Rene Hosman
Wanting to learn from a pro how to invest and earn income flipping houses?
20 November 2024 | 3 replies
If you like audiobooks, there's a BiggerPockets audio subscription that gets you all the audio books and all podcasts ad free for only $100 per year!
Jason S.
Flat Broke and No Funds...What to do???
11 December 2024 | 68 replies
"You follow-up & Split Wholesale Fees 50/50."
Charlie Krzysiak
Advice For After College (CONDO v.s. HOUSE)
27 November 2024 | 13 replies
Condos can be tough to cash flow due to high HOA fees...and special assessments.
Leslie Chukwuleta
Mid Term Rental help in DFW
2 December 2024 | 29 replies
Building a compset and diving into the details about the competition, cleaning fees, length of stay, and really, seeing who is out ther doing STR versus MTR etc.