John Mucilli
Who is really successfully using DealMachine?
6 December 2024 | 34 replies
I believe the concept is great.
Chris Seveney
Happy Thanksgiving - Lets Stir The Pot With My Unpopular Opinion
28 November 2024 | 1 reply
Land doesn’t depreciate, and while buildings require maintenance, they usually gain value as markets grow, demand increases, and inflation takes its toll.Real estate investors benefit from a significant tax write-off based on the concept that properties lose value over time, even as their market value skyrockets.
Hal Roberts
Real Estate Analysis Help
30 November 2024 | 2 replies
Your app concept sounds promising!
Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
Not sure how one would make money on this. they are following the buy high sell low concept of investing. !!
Liam Alvarez
Best Apps for Analyzing Real Estate Markets: Share Your Experience!
3 December 2024 | 19 replies
For simplicity, I've assumed no principal paydown on the original $300,000 mortgage.After two years: $400,000 × (1 + 8%)^2 × 75% - $300,000 ≈ $49,920After three years: $400,000 × (1 + 8%)^3 × 75% - $300,000 ≈ $77,914After four years: $400,000 × (1 + 8%)^4 × 75% - $300,000 ≈ $108,147While the above example is oversimplified, the concept is valid.
Lisa Fondant
Jerry Norton programs ($10k finder fee - Powerflipper)
10 December 2024 | 104 replies
Tonight I just watched a video called the Flipster promoting the same software only called something similar to the other programs using his proof of funds letter with his company logo and it is based around the same concept.
Edward Segaar
Cost for a CPA
23 November 2024 | 6 replies
@Edward SegaarBigger Pockets is a great place to find a real estate accountant.
Brandon Brock
Eddie Speed Note School
7 December 2024 | 150 replies
Got a good grasp of the concept, with very little info on the step-by-step actions I can take.
Seth Rose
Out of state BRRRR steps
4 December 2024 | 31 replies
@Seth RoseI would look at the approach from a revenue mindset, not a discount mindset (which is where the BRRR concept was born).Firstly, I would like to point out that properties with great cash flow potential and deep equity positions aren't just floating around the MLS.
Joe S.
Off market deals! It’s easy find yourself some off market deals!
26 November 2024 | 44 replies
I understand the concept of it, but I have received plenty of decent off market deals from legitimate wholesalers.