Nathan Yarnell
Agent said not to worry about cash flow and consider tax benef
So I recently was sent 2 possible duplexes to purchase from an agent I trust. I ran the numbers using the basis Brandon lined out, and the properties comes out to a negative monthly cash flow by about $175 per propert...
Rylan Zwanziger
Wealth Ability- formerly ProVision - Tom Wheelwright
I'm looking into some better guidance into tax planning and a new CPA as I grow my real estate business. Has anyone worked with Tom Wheelwright's ProVIsion or now Wealth Ability? I had a consultation with them and ...
David Beard
Turnkey sellers - why are expenses ignored?
It seems that turnkey sellers are sprouting like mushrooms, not unexpected giving all the distressed inventory being snapped up.
Current practice by the largest turnkey sellers strikes me as questionable. Here are a...
Patrick Jackson
Problems with Contractors
I am currently researching the different issues that investors have with contractors so I can come up with a solution to help resolve the issues. Can you please take a second and just give me a line or two on issues y...
Jeffrey Giffin
Tank vs tankless?
Does anybody have any experience in tankless water heating systems? I've been wondering if it would make more sense to put a tankless water heater into a rental property as opposed to your standard traditional tank. ...
Tim G.
Where are YOU Wholesaling and HOW is it going, Check In Here!
Thought it would be nice to see who is wholesaling (closing deals) and where they are doing business. Even if you're new chime in, just let us know what stage you're in on getting things done. My company operates out ...
Brian Tustin
Seasonal Vacation Rentals & 28% Management Fees
I'm working on purchasing a vacation rental in my hometown that is very seasonal, approximately 9 weeks of solid summer bookings and intermittent bookings throughout the shoulder spring/fall months. One of the compani...
KB Bergeron
Pay Off Properties vs Purchase More Properties
Greetings Everyone!
My name is KB and I am currently serving in the military. I have 2 rentals (one I previously lived in and converted into a rental, and the other purchased as a rental) Question: Does it make sens...
Kim Hud
Deal or No Deal: Fourplex in Virginia
In less than 30 days, when I close on this deal, this will be my first real estate purchase. My plan is to househack this fourplex.
I’ve run the numbers using the BiggerPockets calculator and my own spreadsheet. Ev...
Chris Pochari
Net worth must be equal to loan amount?
Hi guys I'm new here but I've been puzzled over this question for a while. If commercial mortgages require that the investor have a net worth equal to or greater than the loan amount than isn't the idea of a 30% downp...