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28 March 2017 | 10 replies
There are limits to economics of scale but it is a powerful force.Regarding the question of expense ratios; I am also an NON-BELIEVER in any claim of 25-35% expenses except in extraordinary circumstances.
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27 March 2017 | 1 reply
Depends on the deal.3) Fair market rent or amount to cover owner's PITI or at least PI payments, which ever is lower that they except.4) Same benefits of rental property plus less hassles and bonus of option fee. 5) Yes and Yes.
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30 March 2017 | 15 replies
Yes the bank could probably take everything you have except for maybe your IRA/personal residence.
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29 March 2017 | 3 replies
most of the country....except CA!
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27 March 2017 | 4 replies
I am 60 years old and live in Coppell and in Texas most of my life except when I went to college.
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5 April 2017 | 16 replies
Know exactly what returns you except to get and what purchase price you're willing to pay.
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10 January 2020 | 18 replies
EXCEPT, if the LLC is a single-member LLC.
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23 May 2017 | 38 replies
Savings account is more or less worthless except as a place to park a few dollars.
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27 March 2017 | 8 replies
There might be some exceptions to this rule so the only way for you to know if you can rollover those funds out is to contact your current plan administrator and ask if they would allow "in-service distribution".Solo 401k plan is not for everyone.
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20 May 2017 | 20 replies
The bank required us to put $17,500 into a bank account from which we could draw for repairs and we put down $2,500 for the owner carried loan.We learned a lot from our first flip and did most of the work ourselves except for carpet and paint.This really helped us to understand on what parts we will tackle on the next flip and what not.Without BiggerPockets I am sure I would have missed a lot in my calculations but everything came in exactly as my predictions were except for the increased market value of the home.We don't have many great before photos, but here are a few.