OPEX indirect: What are your rule of thumbs for vacancy, prop management, repairs, and Capex?

Hey @Wesley Mitchell ,Sounds like you're indirectly pursuing the  BRRRR method; acquire a property, improve it, then refinance and get your money back (in this case it'd be 75% of the ARV after improvements) This would help you keep the house as well as attaining funds for your next investment.https://www.biggerpockets.com/renewsblog/category/...

@Stacy La Pineda the quality of your answers will be in direct proportion to the quality of your questions.

But, without an agreement between you, the buyer's agent works indirectly under the listing agent and for the seller.With a contract, the agent would have checked off on the agency disclosure "in the interest of the: [x] Buyer as a [x] Buyer's agent."

Dear BP family.I'm thinking about doing direct mail marketing.  I got like a stack of them from other investors and have been studying their messages.  Some are obviously doing a 1031 exchange.  What is interesting is...

When these 2 months of training are over, I'll go back to actually living in my primary residence and house hack from there.Conclusion: This March I'll have $1094 gross income - $1175 in direct expenses, $400 of which goes straight into the pockets of people I care about (e.g. couch friend and cleaning lady neighbor).

, if you have any other dispute with guests over money, it gets really hairy in direct bookings.

The first indication of a trouble transaction is where investor is personally involved in the transaction, directly or indirectly.

An investment with an experienced sponsor can mitigate some risks because you are participating in a larger acquisition than you might be able or willing to do on your own (which gives economies of scale), and you get to leverage the sponsor’s experience, judgement, track record, network and deal flow.But it also adds risks by adding an additional component not present in direct real estate investing:  the investment sponsor.

Absolutely not.You are a disqualified party to your IRA and may not create any direct or indirect transactions between yourself and the IRA.