OK, this is my first BP post so, hello everyone!To start off I'm in St. Petersburg/Seminole Florida and want to get into wholesaling. I've had a single family rental before a while back but aside from my homes, that's...
Hi guys,I just closed on my second property. It’s a split level house with 2 / 1 on each level, both about 900sqft. There’s a separate kitchen and living space on each level, acting as a non-conforming up/down duplex....
So I'm new to this, bear with me here.I'm trying to understand how to think about equity in a new construction. I've seen folks say things to me like, we spent 400k to build and then the house was appraised at 550k up...
Hello all, I have been trying to follow BP advice and running the numbers on lots of buy/hold multi-unit properties a day. I come up with about 2 a week that look interesting. I want to make offers that are well be...
I just read an article from this man that has me more confused than ever. He pretty much said this site is not helpful or did I misunderstand his whole point of the article. He Wholesailing is the hardest part of R...
As I understand it, ROI = (Cashflow per Month * 12) / (Total Equity)
I'm having trouble understanding why principal doesn't count towards monthly income in this equation. For example:
I buy a rental for $100,000 wi...
Looking through MLS and found this. I'm not interested in the property I just didn't know a bank would fix and flip a property, if that's what this is?Zillow and here it is at HomepathIt's obvious that someone rehabbe...
HiI’m confused about the Short term rental loophole. If my STR property qualifies for the STR loophole then can my long term rental property deductions then be brought over to offset my active income like being a real...
I've seen a couple threads over the past week where the OP has questioned how to find comps and estimate ARV. Marty Boardman and I discussed this topic a bit at the BP Summit last month, and I also put together a qui...
Hello! I am new to both real estate investing and BiggerPockets. I was recently watching a video by Brandon Turner titled "How To Analyze a Real Estate Investment From Your Kitchen Table" and, coincidentally, I am sit...