Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
Chris Gawlik
sell now, gather cash, be prepared and get ready. market crash.
If your thinking of starting to flip fixer uppers, buying your first buy and hold, or your just starting out in RE investment. It would be best to put those plans on hold for at least a few months. Just wait and see w...
Joey Copper
Why Self Managing Investment Properties is CRAZY
One funny thing about people is that while we are almost always well intentioned, we seem to do a lot of things that are just plain crazy. I, for example, still prefer to eat my oranges by dissecting each into their i...
Jon K.
(Current) Tenants say the dumbest things, too...
So, your tenant made it through the screening process and moved in.
What kind of dumb things are they saying now?
Petty requests?
Requests to remodel?
Requests for upgraded appliances?
Whining about the internet...
Matt Hatton
Full time wholesalers
Who here is a full time wholesaler? If you could go back to the past and talk to the ‘you’ that was JUST starting out before having closed your first deal, what would you tell yourself knowing everything you know toda...
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
Don Spafford
Has anyone ever used the Velocity Banking Strategy?
I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
Carlos Ptriawan
as unemployment would be 100% going up next year and higher chance of recession
it's expected 900% in certain way that unemployment would raise more than current 3-ish to 5-ish next year and higher chance of recession signaling Fed to post 75 bps rate reduction in 2024, question would be whether ...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Dulce Beltran
Buy a Tesla Model 3?
I am in the position to go green aka electric thanks to solar, the numbers all make sense to move in this direction. My net out of pocket expense is roughly $14K, finance it with a low payment, and rapidly pay it off....