Jared Prevost
Rules of Thumb - Analysis
I know a few rules of thumb when it comes to rental properties (the 1% or 2% rule for rent/purchase price, the 70% rehab rule, and the 50% operating expense estimate), but I'm curious to see what other 'rules of thumb...
Jeff Irwin
Jax REIA boot camp worth it or not
Hello BPMy wife and I are new to rei . I have been educating myself by reading an awful lot here on BP, as well as reading books fromBrandon's top picks, and currently reading Mark Ferguson's How to build a rental pro...
William Moor
New Investor Figuring Things Out
Hi, my name is William i'm 20 years old, I'm new to BiggerPockets and i'm sort of a new investor. I say "sort of" because all though I am new ( Within this concluding year i've been studying, cold calling, and i've al...
Jacob A.
Appraisal Question
I have an appraisal scheduled for tomorrow on my first flip that's under contract. My question is how does an appraiser determine what's new and what's not? I can't imagine 10 year old windows carry the same weig...
William Fidler
How vital is it to be in the same city as your first investment?
JUST joined, and JUST posted an earlier question. I'm currently in Austin, TX, but found a pretty sweet looking deal in San Antonio (about a 50 minute drive). You guys/girls think I should go for it and just know I'll...
James H.
Physical Fitness
I like to mountain bike.Road biking was fun for a short bit, but after working as a bike messenger while going to college, it made normal road biking feel REALLY boring and ruined it for me. I have never really like ...
Phil Wrigley
App to track income and expenses?
Can anyone recommend a (preferably iPhone) App that would allow me to input and track expenses and income for my vacation rental business?
David M.
Rental Application Scoring System
Hello,Would anyone be willing to share his or her scoring system when evaluating applications? What variables do you consider, how much weight do you put on each variable, etc.?We have a portfolio of lower-income ren...
Sam Bongu
Credit card leins after a First mortgage foreclosure.
Last week I bought a Foreclosure property in NJ during a Sheriff sale. Today I got my title search with some Credit card Leins and a UCC Lein. The title document only shows that the case has been open and no mention o...
Carlos O.
How accurate is a pre-qual letter?
Hi everyone,I just have a quick question for those that got pre-qualified before getting a loan. The pre-qual letters shows the amounts approved for and the interest rate. How likely is that you will get the noted int...