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Results (2899)
Jonathan Marsh Buying a house that will never cash flow?
11 December 2023 | 15 replies

My lady and I are moving to Columbus next year and will be buying a in the $450-$500k range. With 10% down, PITI will be about $4,000/month which is around 25% of gross earnings per month.
Comps right now for 2-3 BR ...

Nick Scalero Self-Directed IRA questions
19 February 2010 | 25 replies

I'm considering a self-directed IRA but have a few questions.

First, If I purchase a house outright how do I calculate ROI? Is it simply (Monthly Income - Expenses) * 12 / Purchase Price?

Second, since I pay Taxes,...

Max H. Yellow Letter
17 March 2015 | 21 replies

Hello All!

I am starting my yellow letter marketing campaign soon. I will be using @Michaelquarles yellow letter service. I have a budget of $1000, so I am trying to figure out where those funds would be best used. ...

Todd Miller Deal in Front of me and Can't Close the Deal
17 July 2014 | 27 replies

Hello Everyone.

My father has a rental home which neither he nor the tenant are maintaining. I have already tried to purchase the property from him at an agreed $60K (Appraisal is $100K+) to repair and hold a...

Chris Adams Here is how I do it, Please critique
5 March 2016 | 20 replies

Ive been a REI since Jan 2010 when we acquired our first distressed property, a SFH, with the sole intention of rehabbing the house and converting it to a rental. Prior to this I knew NOTHING about being a REI. But...

Shafi Noss Total Return for Multifamily Syndication Investment?
1 October 2019 | 27 replies

Hi everyone, I was talking with an investor friend the other day and he asked me a question I didn't have an answer for. He asked "So if I were to invest 100k in a multifamily deal, how much would I make total over a ...

Mindy Jensen No Estoppel Statement?
23 July 2020 | 28 replies

Looking at a Triplex today, the listing agent said they don't typically give an estoppel statement, they just provide copies of the lease.I've never purchased an occupied property before, and everything on BiggerPocke...

Kenneth Garrett Fighting the Multi-Family Investment
2 November 2017 | 11 replies

I have been investing in single family homes exclusively.  The thought of a multi-family building quite honestly made me nervous.  More tenants, definitely bigger numbers and property managers.  It seems my investment...

Mary Jay Rich don't sell, they leverage
18 July 2018 | 30 replies

Ive heard many times: "Rich dont sell, they leverage". Than a lot of other people do "Buy low, sell high" sort of thing...What is the benefit of never selling? Lets say you have a 100 year old house that is not in a s...

Danielle Cage Creating an LLC - use my CPA or diy?
13 November 2015 | 32 replies

Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...