Brandon Sturgill
What % Do You Use for Expenses & Vacancy on a Rental Property?
Do you have a standard percentage you use for evaluating a rental property...I feel comfortable with 10% across the board...any thoughts?VacancyCapXRepairs...Thanks
Dustin Burke
World Wide Dream Builders (WWDB) - Amway
So I have this "friend"...A buddy had invited me to an invitation only meeting. It was a very motivational gathering that left me wanting more. I like to consider myself a receptive type person but ------- this doesn'...
Adrian Grauer
I Am Fifteen, What Can I Do Now?
Hello everyone,Today I signed up for BiggerPockets. I am a fifteen year old boy living in Texas, and my name is Adrian. I don't know if I'm posting this in the right thread, so please tell me if I'm not. I have this c...
Will Barnard
Take the Tax Hit or 1031?
I have a problem and would love to hear some opinions on this.
Here is the scenario: a $1.5M tax exposure (net profits on sale of property) and a lack of desire to pay Uncle S. and CA 50% of that ($750k).
So the ques...
Shiloh Lundahl
Realistically most investors won’t replace all income W/ cashflow
I don’t mean to burst peoples’ bubbles here, but in my opinion, most investors on BiggerPockets won’t get to a place where they can replace all their monthly income with the cash flow of their properties. Some will. B...
Damon Armstrong
Real Estate "Degree"?
Hello everyone. Going to get right to the point here...I'm 17 years old, will be a senior in highschool this year, and college is creeping up fast. There's no doubt REI is the path I am taking and several seasoned inv...
Laura Williams
I lose $20k/year - help me w/ my strategy!
Sooo I have three houses that are all former primary residences that are now rentals. None of the homes were bought with the intention to rent them out, so the sale price and mortgages weren't optimized to be rentals....