Jeffrey Magenes
Can I pay you to evaluate my Orange County, CA fix & flip real estate deal?I
6 October 2024 | 8 replies
Quote from @John Mason: Would be great if you tell the compensation for the hour:) It takes UNDER 3 minutes to determine if its a good deal, SIMPLE ALL IN, vs the comps, end of story.
Fernando Guzman
Am I Limiting My Wealth?
5 October 2024 | 16 replies
I would not want to run a business and lose money every month.You have to sit down with a business/life coach and figure out what you want real estate to accomplish, how is it going to fitinot your life.
Katie Rother
Raleigh/Durham and The Triangle!
6 October 2024 | 7 replies
Quote from @John Mason: Other opinion :) https://www.biggerpockets.com/forums/12/topics/1196948-negat...
Charlice Arnold
Unlocking Investment Potential with Long-Term Rental Loans
5 October 2024 | 5 replies
@John Mason, good to know.
Dayana Castellon
Airbnb Host and short term rental
5 October 2024 | 15 replies
Same as @John Underwood @Dayana Castellon.We don't just use AirBNB but VRBO as well and get about 60% of our overall bookings from VRBO.Having said that, 2025 is booking out now and all are VRBO people.
Dina Schmid
What Interest Rates Are You Seeing?
7 October 2024 | 38 replies
Quote from @John Underwood: Don't pay for points since you can refi later.4 to 6 rate cuts coming by end of 2025.If it won't cash flow at a 7% mortgage then it's probably not a good deal anyway.Wouldn't consider paying for points when rates are going down.
Raul Mena
How to start my business
8 October 2024 | 10 replies
Quote from @John Mason: When you have a small portfolio not having LLC is okay.
Solomon Nguyen
Saved $80K by 21 – Seeking Advice on What’s Next
4 October 2024 | 27 replies
Repeat.The only other guidance I would offer is investing a portion of the $80k into a coach who has already achieved what you are looking to achieve.
Nikki Yankowski
Where to meet investor groups locally?
5 October 2024 | 4 replies
Quote from @John Mason: https://www.meetup.com/ma-al-reia/events/bsjcmtyhcjbkc/ Thank you, I'll check it out!
Laura Sawicki
AirBNB Fees - Total Revenue VS Fees
5 October 2024 | 15 replies
Hey @Laura Sawicki, I second @John Underwood's comment about getting the actual Schedule E from the owners to validate all revenue that was reported to the IRS.No way I would rely on just a report they provided.