Owen Wang
Looking to learn more about being a realtor
28 January 2025 | 6 replies
Because you're new, it is a good idea to ask about the brokerage's agent training offerings and potential teams to join to get experience.
Erick Pena
Advice Needed: Identifying "Good Deals" in Real Estate Investing
20 January 2025 | 14 replies
Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.
Clare Pitcher
Flat Rate vs. Percentage Based Managment Fee
30 January 2025 | 19 replies
So the whole idea that $109mnth is some "big incentive" to do nothing is just FAKE-NEWS.
Annie Anson
How to meet material participation hours for out of state investors
22 January 2025 | 25 replies
Here is how to find such a CPA:https://www.biggerpockets.com/forums/51/topics/1222774-expla...You probably (argh, can't help myself) noticed that I was pointedly talking about the initial year.
Tim Brinsek
Analyzing a Deal with Private Money Covering Part of the DP
31 January 2025 | 6 replies
The hang up is getting deals formally drawn up.One idea:- I buy the property and pay 25% DP, then they provide capital after the closing and I pay them P&I over 5-10 years.
Dylan Ray
New to BP and Los Angeles County
8 January 2025 | 2 replies
@Dylan Ray just south of you.https://www.biggerpockets.com/forums/521/topics/1225233-ocre...Good Investing...
Phong Tran
Inventory Home Price discount
22 January 2025 | 2 replies
It is hard but as a realtor I pay attention to prices throughout the year so that I have an idea of whether or not it is a "real" discount.
Charles Evans
What Paperwork Should I Be Keeping Record Of?
29 January 2025 | 9 replies
Its also a good idea to keep any receipts (I use a google drive folder, they have a scan function that makes uploading receipts a breeze)
Jeanette Land
Laundromat Investing in WI
22 January 2025 | 1 reply
I have been seeing ideas for investing in a laundromat.
Robert Pickett
How to roll over 1031 exchange funds
29 January 2025 | 5 replies
I know there is no one right answer and some variable, but looking for ideas/advice.