I read Gallinelli's books and bought his REIA Excel software. I love it! I also built my own tool (basically reverse engineered Gallinelli's in order to make sure I understood exactly what it was doing behind the s...
(Sorry, new to bigger pockets and tried to post on two forums. Apologies if you read this in the tax forum already!) Hi BP community!My two friends and I are just starting in the investment property business and are l...
I'm hoping a tax expert can answer this question I have. In my current job, I make close to the fica cap which my employer pays both employer and my portion as the employee. I only contribute the matching 5% to my 401...
Ok, I just had a deal fall through on an apartment building. I just could not put enough money down to get it. I guess it was a good thing because, I may have been jumping into real-estate blindly. So... I was looking...
I'm closing on a duplex in Taos, New Mexico and found out the property was on the edge of a flood plain. The loan is requiring flood insurance. I was using State Farm for my homeowners insurance, but the quotes they...
Good Morning BP, I'm not a complete newbie but I am with owning multiple properties at the same time. I'm having major issues with Allstate. We have multiple SFH's, a duplex, and 2 more SFH under contract. Each proper...
I don't think I know the answer to this question. SOmeone help me out: if you assume that you can raise rents 3% a year on your projection, should you be assuming that a) you will see 1-10% increases in insurance, ...
I'm doing analysis on a few BH deals around 75-95K on the purchase price. What is a good CapEx % to use on these properties. I have been using 10%, but it seems to be eating into my cashflow. Does anyone base their...
Hey, I have recently listed an airbnb in September and I got an inquiry for a few dates. They asked me if I would consider allowing them to have their wedding ceremony at the property with the reception after. I'm con...