The 50% and 2% are good rules of thumb, but what are your specific criteria in your area(s)? How stringent are your requirements and how often do you reevaluate them?
I'm trying to figure out how specific most invest...
I have a question about how to calculate the ARV of a home in a unique situation. The home is located in a semi-rural area and is directly across the street from 10 low income housing units. The low income housing is ...
Hey BP,Hope all is well!I realize you all are very busy and you have a lot on your plate. Your time is your most valuable asset you have and I respect that. I wanted to personally reach out in hopes that someone woul...
Hi BP members,I will be taking on a partner in an upcoming deal and am looking for advice on how to structure the partnership where we are protected from each other.Our concerns are that we both have things we are inv...
What are the best ways to analyze specific zip codes, markets in your area of interest? I am new to the REI game and the research I have done on BP thus far has pointed me in the right direction, however, I am tryi...
Many REI calculators use 50% for expenses for Rental Property analysis. Should I stick with that when analyzing deals or try to be more accurate by breaking it all down? In other words, is the effort involved worth th...
One of my preferred phrases is "Let Painters, paint." Guided by this principle, I delegate most tasks to skilled professionals to ensure efficiency. I currently outsource to a full service property manager who excels ...
I bought a house for 60k and am selling this month net me 80k and want to do a 1031 exchange. Do I have to escrow the 20k profit only or the whole 80k proceeds from the sell? Do I have to buy a property to defer taxes...
Hello BP!!!What do you guys think about buying condo for rental ?( in Dallas ) and What to consider before buying one ? Does HOA usually cover everything including insurance ? I would love to hear your advices and op...
I keep an excel spreadsheet detailing all of my investment decisions, RE and non-RE, as a tool for me to use long-term to update and analyze my decision making skills. The way I have it outlined is very simple using ...