Jonathan Jaffe
Financing Gurus: Refinance home mortgage now?
Dear BP Family:While working on financing for a deal, that unfortunately, I was outbid, I am considering refinancing my home mortgage. Don't know if now is the right time or should wait because of Fed activity with r...
Luka Jozic
Help with Investment Strategy
Hi everyone,Im starting my REI journey and have been reading lots and lots on the forums. I am looking to invest in multi-family properties out of state (most likely midwest) with a max price of 300K. I would like to ...
Account Closed
Marketing expenses & yellow letters response rate
Hi, I'm new to wholesaling and I was wondering what is a normal response rate from Yellow letters and bandit signs. So far I've spend a bit over 1,200 on yellow letters (first mail campaign) and I haven't close a deal...
Abigail K.
AppFolio vs. Buildium: Help!
Hi there,
There are a lot of posts on this topic but none I could find with extremely recent testimonials on Buildium. I am deciding between these two software options for my portfolio of about 100 units and was ini...
Kristan Lage
Looking for advice on qualifying for a no income check mortgage
Hello bigger pockets people! Having been self employed for some time now, I’ve kept poor records of earnings, and hadn’t earned enough to even file taxes. Recently things have changed. I’m paid very well as a project ...
Loretta C.
Atlanta rental not quite cash flowing...
Hi there,
I became a landlord by default 6 years ago when I couldn't sell my house in a the candler park area. I have had a good stream of renters, but with the huge increase in taxes I had last year, I'm definitely ...
Benjamin Riehle
Why you need to review 100+ investment deals every year!
"I review over 1,000 potential deals every year."I was recently at a conference and one of the presenters ($100 Mil+ Net Worth Real Estate Investor) grabbed my attention with this statement. His point was simple, if y...
Dominic Balconi
20% Cap Rate??? 200%+ Cash on Cash ROI??? Am I Wrong Here?
I just calculated the cap rate for a property I'm going to develop within the next year: 20% Here are the numbers:$40,000 to build$30,000 for the land2 UnitsAnnual Gross Income: $24,000NOI: $14,000 (conservative estim...
Brian Bello
STR loophole, self manage, and bonus depreciation for Year 1, then switch to PM
can you self manage a new property 2024 and take advantage of the STR loophole and take advantage of bonus depreciation (60%) to offset W2, but then give it to a property manager to manage in 2025 (understanding that ...
Tony Sorensen
Alternatives to Wealthability for tax planning
I have been considering Tom Wheelright's company Wealthability. The startup costs are significant for what the value being provided appears to be. Additionally, there are almost no reviews that I can find. Are there a...