Steve Epperson
New Member From The Southwest
14 February 2016 | 3 replies
It will be well utilized, I promise.Best Regards,Steve Epperson
Kenny Kagawa
Just starting out. Would appreciate some advice
17 February 2016 | 6 replies
The church also provides for my utilities and food.
Edwin Fisher
I just put 7 dupexes under contract,not sure if they are a deal?
15 February 2016 | 18 replies
sounds like a good deal, 7700 potential income, you would have about 380,000 mortgage when done (1800 - 2000 / month payments) then figure in your taxes, insurance, maintenance, PM, water / sewer, garbage and any utilities you may pay. keep the current tenants in so you have some cash flow and renovate each duplex and fill them one at a time until you do them all, this will keep your expenses down while building up the income, just let the people who will look at renting the new places that the rest will look the same, so they know they wont be living next to places that need work and not taken care of.
Ryan Gillis
How do you do wholesaling (assignment) when you're not at home?
14 February 2016 | 6 replies
Also technology is incredible, Skype is a great tool to utilize and acts as a face to face with service providers such as title.
David Huynh
Tax question - Cash out refi? I don't understand
16 February 2016 | 4 replies
Purchase price: 100kRenovation: 10kI get a tenant to rent it for $1500 and they pay all utilities.
Amy Lu
water meter jump up to be erroneousness
16 February 2016 | 18 replies
Inspect all of your fixtures before you decided to dance with the utility company.Most municipal water supplies will be somewhere between 40 and 80 psi.
Pamela Starnes
using Inherited IRA for REI
16 February 2016 | 8 replies
If so, do you think buy and hold investing would be more or less cumbersome than using the SDIRA for other RE activity, (flipping, lending, etc), which seem to have their own concerns.....Unrelated Business Income Tax, self-employment tax.I'd appreciate any feedback on your recommendations as to how to best utilize these IRA funds within REI.
Simon Cox
What do you think? Jumping into apartment investing!
22 February 2016 | 24 replies
Gross Scheduled Income: $12600Expenses (Maintenance, Management, Taxes, Insurance, Utilities (water & trash paid by owner), Landscaping, Common area electricity, CapEx, Vacancy, Internet for complex, security, etc.): $6400Debt Service (5.5%, 20yrs, 80% of cost): $3700Cashflow: $2500Annual COC: 17%I want to make sure I'm considering everything but also don't want to get stuck in analysis paralysis.
Jason R.
Can I get my Real Estate Education strictly from BP Podcasts?
15 February 2016 | 9 replies
If you listen to the podcasts and interact in the forums you're going to get an education worth thousands of dollars.
Kenneth Lowry
New member from Long Island
15 February 2016 | 2 replies
This seems like a great forum and I look forward to interacting with the many members here.