Tim Schroeder
Should I assume 50% for rental expenses when analyzing a deal?
Many REI calculators use 50% for expenses for Rental Property analysis. Should I stick with that when analyzing deals or try to be more accurate by breaking it all down? In other words, is the effort involved worth th...
Phillip Hooks-Wright
How should I start/approach becoming a wholeseller no license?
I'm 19 starting off by saying my main goal is to be financially free so I can live a good life. Moved from Wisconsin to Raleigh NC need help finding mentor or a person that would help guide me through deals and become...
Jarrod English
Wear and Tear and Holes
Hello, I'm watching my first ever tenant move into my first ever basement suite right now and noticing a few items that makes me wonder about wear and tear in regards to hanging paintings or shelves. They asked me...
Nicholas S.
Private Money Loans
This is what I need help with. I am trying to purchase properties using Private Money(not hard money loan) in CA.
First, I am trying to find a good note template for a private loan specifically used to purchase real ...
Chris Nelson
To Sell or Not to Sell this 15.9% Cap Rate Duplex
Hi BP,Wife and I purchased a duplex in September, 2014 for $142,000 as owner occupied with 15% down. We put roughly $20,000 into it and have successfully rented it the last 2 years for $25,800 annual gross rent. We ...
John Warren
To DIY or not to DIY...
Hi BP community,I am a huge fan of all of the advice from the podcasts and forums here to treat real estate as a business and hire out where needed, but I am curious if a lot of you that are "handy" started out doing ...
Paul Sandhu
Motels competing against STRs
There is a refinery in my town. 99% of my renters are contractors doing short term work at the refinery. A cheap motel is $400/week, and that's what I charge for a 2 BR STR. Over the course of 6 years, I've slowly ...
Davon Lowery
Interior design class??? Your kidding right???
Initially, my masculinity/bravado balked at the idea of taking an interior design class; but then, I said huh? SHE, went on..."If we are going to flip properties, don't you think you should know what your talking abou...
Jon Klaus
Who said this? (no googling)
Never, in the history of America has there been so great an opportunity for practical dreamers as now exists. The six year economic collapse has reduced all men, substantially, to the same level. A new race is about t...
Jonathan Vese
Creative Deals/financing
Hello Everyone, so I have posted on here about this before, but no one really responded or helped. So as a wholesaler I have found that the deals that I have lost because of low offers I have found that if I knew more...