Randee Erickson
Blue Gate Capital - are they legitimate?
17 January 2025 | 37 replies
Daniel attempted to get on the phone with me to “save” the deal and defend all of their processes as well.
Collin Hays
Top 10 guest calls/complaints for 2024
12 January 2025 | 14 replies
Ha, hosts anywhere could apply this to their region simply by changing a few verbs and nouns.
Alan Asriants
Why BRRRR is not an effective strategy today...
31 January 2025 | 44 replies
While I would have built $150,000 in equity, the cash flow simply doesn’t work.Now, let’s compare this to the market conditions when BRRRR was highly promoted (pre-2020).Interest Rate: 4.75%Monthly Payment: $3,057/monthRent: $3,600/monthIn this scenario, I’d be making over $500/month with $23,000 left in the deal, resulting in a gross 26% cash-on-cash return—an excellent deal.As you can see, rates and prices play a critical role in the viability of the BRRRR strategy.
Brandon Simpson
Should I stay away from properties that have been on the MLS for a long time?
5 January 2025 | 8 replies
In my experience, it is worth simply reaching out to your realtor first.
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
I use standard market PM rates in my underwriting, but I also would not work for those rates but it is fair compensation for the work.I typically use vacancy of 5% not because I have ever had a unit that had that high vacancy but I do not have a no payment category and I want the underwriting to be conservativeon the opposite, your rate is a bit high and your appreciation rate and rent growth are modest.overall, seems like a decent attempt at an analysis.
Jay Fayz
Best way to start in REI at 20 years old
9 January 2025 | 4 replies
ways to meet such people would be meetups, or simply walking into some smaller offices, could also ask around to other owners of the assets you are interested in and see who helps them.
Jonathan Greene
Are the forums on BiggerPockets getting worse and worse or is it just me?
23 January 2025 | 52 replies
So Agree Jeff many simply have no basic manners. and that can be from a texting society where brevity is all they know.
Richard Benjamin Wilhite
How to Find "Cost" Basis for Inherited Land prior to 1031 Exchange?
19 January 2025 | 9 replies
Is it simply that I find the average sales price of a 5 acre tract of land within a specific radius of my property in the year that I inherited it?
Tina Artigliere
Quest Trust Suddenly Closed down Administration on their Solo 401K Plans
17 January 2025 | 24 replies
If you can’t explain something simply, you either don’t understand it yourself or have a self-interest in the obfuscation.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
Given the feedback I've been getting on this thread, though, I won't even attempt to explain that.