Eric Long
Should Property taxes scare me away from Fort Worth?
Hi BP Friends!
I am still narrowing down the cities I want to invest in. So far, I have been eyeing Fort Worth / Dallas. I visited once for work and I can see the booming economy here.
How does property tax affect ...
Asad Malik
I dont trust this...what do you all think?
Ok, for wholesale deals I was taught to use the formula Arv x .5 minus my fee (5k min) and minus repairs = Max allowable offer I can make on a property. Right? Ok. I go into Propstream pro and I find a property. - The...
John Anderson
Should I wait until 2023 to build an ADU?
Hi all,Looking to build an ADU behind a single family house in the South Bay. I had a bunch of GCs provide quotes back when money was free in 2021 and lumber prices were through the roof. Decided to pull back because...
Scott Kelley
Exceptions to the rules when buying
Hi all, I’m currently looking to find a “home run” buy and hold deal that will cash flow. In my area, I really haven’t found anything because the market is currently so high. I’m finding similar issues in other mark...
Benjamin Biello
Quick Deal Analysis
Hey BP!!I am just getting into real estate, I haven’t done any deals yet but I am learning as much as I possibly can through BP. I want to start analyzing deals just to get some practice and get into that routine, but...
Matthew Miller
Whether to sell or rent if moving - 1% Rule & Appreciation
Hello, I hear a lot about the 1% rule when buying a place. However, do you use the same formula when debating whether to sell your primary residence (if moving) vs renting it out? Also, do you factor appreciation into...
Evan Swanson
Is the 50% Rule still doable?
Even with a competitive mortgage rate, the duplexes near me in lower-income areas do not pass the 50% rule. Can someone take a look at my logic below and let me know if I'm using the rule correctly? I know it's just a...
Mounish Thatikonda
1% rule in Chicago suburbs
In the prevailing market conditions of Chicago suburbs, are there opportunities that adhere to the 1% rule, ensuring a positive cash flow in 2024?
Ryan Deasy
Designating yourself as a real estate professional
If you pass all of the qualifying tests and indicate at tax time that you’re a real estate professional, does that allow you to use all of your losses to offset gains?i know as a non-real estate professional you are l...
John Williams
Downside of the 1% rule...
Here's why I don't like the 1% rule...A buy-and-hold investor should think long-term. The 1% rule doesn't matter as much if you have a 5-10 year investing horizon because it does not take into account appreciation or ...