Jim K.
Is your primary residence your largest life investment?
Hi guys. This is just a sort of informal poll.Starting with me: no, it isn't. Not by a long shot. That may change someday, but right now, it's a good idea for me in my area.
Tom Wallace
Percentage of profit on a rental property....
On a buy and hold investment strategy, what percentage of positive cash flow/profit do you look for on any given deal? Taking the gross rents received on any given property and then deducting your expenses associated...
Nathan J.
What is a fair margin for a turnkey provider to make?
Hi all,Seems like there are a few turnkey providers that look to sell to out-of-state investors. What is a fair margin you can expect to pay for this service?These providers use local knowledge and networks to find ba...
Steven Lewis
What could have been done better?
This was my first investment property. At 25 years old, I did my first investment with 2 years of real estate experience. Knock on wood, I am doing well with it but wanted to share my numbers and see if I could get so...
J Scott
Religious Question
Tim asked in another thread that I start a new thread on this topic, and while I don't see much value in discussion religion on an Internet forum, I'll at least continue this discussion from the other thread with a re...
Daniel P.
A Turnkey Review: TCS Investments
Hello and good day! Long time lurker here who’s learned an invaluable amount from the BP community over the past year and a half or so. I remember reading through a really good thread by Tyler Jahnke a while back, a r...
Walter Roby jr
Show me your 2% rule
Greetings,I live here in the Los Angeles market and by no means expect to find any investment close to the 2% rule both on and off market. I have tried researching recent sales and cross matched potential rents in oth...
Mindy Jensen
Contractors: If I Buy Materials, Do You Still Need a Downpayment?
I've seen so many forum posts advising NOT to give any money to contractors upfront - because so many people have been ripped off by contractors. I've seen many responses from contractors, saying they've got to buy ma...
Bob S.
what if you had 100k cash right now? what would you do first?
ok so - i'm a newbie and i only have one other post.here's a hypothetical - it may or may not match my situation... i just wanted to start a fun topic and get some ideas generated.say you have 100k cash in your pocket...
Uwe K.
Home office and mileage deduction/transportation expeses
I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.
That much is clear:
- If you hav...