Jay Hinrichs
The 2% rule kills values
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
James W.
$100/door debate-sell me on it
I see a lot of discussion with people saying they want at least $100/door but I don't really understand how it can be a good metric unless there would be a big value add opportunity with a big cash out (limiting the i...
Erik Sherburne
How leveraged are you?
Curious out there what people use as a general rule for how leveraged they are. How comfortable you are with debt. Do you have 401K loans? Would you cash out a Roth IRA? Do you use HELOCs off your primary? For...
Frank S.
Rich Dad, Poor Dad Review - Lies and Deception Within
It's my honest opinion that "Bob" Kiyosaki is nothing but a clown in the financial porn circus. Perhaps, I gave the climactic ending of my message ahead of time. Perhaps.After many references in the podcasts, I decide...
Jesse Smith
Agent Struggles - Friends Using Other Agents - Advice?
Good morning all. The last few months have been rather frustrating, and I'm hoping to get some advice from others who may have had similar experiences.
I got my RE Agent License almost a year ago. Very quickly, I...
Molly Paprota
Investing out of state sight unseen
Hi, I am NY-based looking for purchase a long term/BRRR in Cleveland, and want to hear your experience with out of state investing. Are most out of state investors closing on properties without doing physical walkthro...
Arda Bircan
Short Term Rental Tax Loophole for Physicians
Investing in short-term rental (STR) properties and using the STR Tax Loophole is one of the few tax strategies that can save physicians with a fairly high W2 income 6 figures in taxes without working full-time in rea...
Brie Schmidt
When to sell - How many years of cash flow?
I know REI decisions are personal, I preach it all the time. I purchased the bulk of my portfolio between 2011 - 2014 and since then the properties have appreciated. So while the properties are performing from a cash ...
Joshua Dorkin
Do You Know ALL the Expenses Associated with a House Flip?
One of our Bloggers, Justin Pierce, wrote a fantastic article that took an in depth look at all of the costs associated with a house flip.
This is a MUST read for any newbie rehabber/flipper:
Rehabbers! Know ALL t...
Sean Lemon
Has anyone used The “flip system” by the Martels?
Looking for some first hand experience about this program. As someone who works long hours and shift work, I love the idea of someone else vetting the deals for me. The hardest part for me is finding the time to locat...