Chris Zeh
Centering on Rent Price!
Hello BP-ers!Hope everyone is having a good Thanksgiving week so far! One issue I am having as I begin to analyze properties is centering in on a rental unit price for anaylsis purposes (one that makes sense - fair ma...
Corey Dutton
Top 3 Scams in Hard Money Loans
From a fall article in the Scotsman Guide, the popular topic of loans scams in hard money is a conflictive one, particular for those who have been the victim of one. Loan scams are a huge problem in hard money loans f...
Mark Bommarito
Looking to get started from Long Beach, CA
Hi there BPer's!
Back in March I found the Bigger Pockets podcast on itunes and have been addicted to listening to them on my way home from work each day ever since. I really like how down to earth and hones...
Joshua Dorkin
Pre-Christmas BiggerPockets Crash 12/23/10
As I'm sure many of you know, BiggerPockets was completely offline all Thursday evening from about 7pm EST until 2:10am EST.
Our hosting company experienced a series of unfortunate events (starting with weather and e...
Dominic Bailey
I'm really confused about the 2% rule.
I have a property that I am looking to rent out very soon. I purchased the property when it was $208k. I did some work on it and now it's valued at 237k. I plan on renting it out for about $1,900 a month which is the ...
Jordan Rambert
student of the business.from New Haven
Hello my name is Jordan Rambert Im a 25 year old male from new haven ct who is determined to make my mark in the real estate world.I have no experience other then a few seminars and any piece of literature i can find ...
Shervin Golgiri
Single Residential Rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $204,000
Cash invested: $8,000
Location, Location, Location! very happy with the property.
Winston A.
Calculating Building Basis - Appraisal vs Tax County Assessor
I’m trying to determine my Building basis for depreciation.
Should I use the lower of appraisal cost vs county tax assessor? Or does the IRS favor one over the other?
My appraisal cost gives a lower percentage to b...
Bryan Wirthlin
What would you do with $10,000 in SW Florida?
Good Afternoon BP,My name is Bryan, I'm 29 years old and I'm ready to begin my investors journey here in beautiful North Port Florida. Trouble is, there's more information than I really know what to do with. I've gone...
Ron King
65-70% of ARV
Hello, Why 65% or 70% of ARV? What is factored in that %, because repairs are factored in after you take 70% from the ARV?So if i offer a seller 70% of ARV and they ask why 70% what do I tell them? "Because its rule o...