Sunny P.
Help on this condo deal:
Okay, I know most of you are fairly negative on Condos, however, I want to ask you about this potential deal. Condo is in Columbus, high rents around $1500Selling price/ final price is $160,000 HOA per month is $149....
Jack B.
Accountant is using a weird depreciation method, is he right?
He tells me the appraised amount of the structure (not including land, just the house) divided by 27.5 is NOT the depreciation method.He said the purchase price is my basis and that...Depreciable basis = basis * land...
Andrea Davis-Tarantino
Newbie over here!
My Dad and I are teaming up to start a fix flip journey together. I have a friend who is further along on the path (has done 5-6 of her own) who has offered to help as a consultant of sorts. I have also been introduce...
Maurice Dixon
Family wants to invest with me. Their money, my skills.
So I have been working a BRRRR for a while now and I will be finishing it up soon. My mom sees my progress and numbers and wants in. She has offered me the capital for my next deal, which will likely be another BRRRR,...
David M.
How to incentivize my PM?
Hi guys,I own a real estate company that manages around 150 Airbnbs around the US. I'm hiring a new head of operations and I want to incentivize them to be excited when we add new properties to the portfolio. What wou...
Billy Davidson
New Agent - How To Split Up Commission Check?
Hi All,
I am a new real estate agent in Ventura, CA. I recently took the jump from being a CPA, which was boring and not fulfilling to becoming a real estate agent. I have other streams of income, but I wanted to rea...
Ashley Johnson
Determining Investment %
Hi BP Fam,How do you all determine what investment % to use when calculating your deals? I was told 65%, but I know not everyone uses that percentage across the board. Do you base the number on how hot your market is?...
Edgar Garnier
How calculate Property Management fees for empty homes?
Hi everyone, As a property manager we managed and rent several properties for many of our clients, but we are having more investors buy properties and keep them empty, well, they assume they will use them a few times ...
Jeremy Quilon
Buy and hold properties
I want to implement the BRRRR strategy but where I live the 2% or let alone the 1% rule will not work. Any thoughts on buying and holding for few years to resale for appreciation?
Trevor Gray
Storage Unit Complex
Best ideas and thought about putting up storage units? I have an investor that will be paying for the down payment for the loan. What is a good deal that we could make to make best of both worlds? A certain percentage...