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Results (788)
Ted Barrett Mortgage Rates Eating into Cash Flow Under 1% Rule
18 October 2024 | 25 replies

Hi all,
I've been trying to find updates of the 1% rule and whether it's working in 2024, specifically when you're using a mortgage at 80% LTV, 30-year mortgage. Looking at rates today, if I were to buy a property fo...

Pat Lowry Note Due Diligence Checklist
17 December 2018 | 11 replies

I am currently looking at various opportunities to invest in notes. As a newbie, I don't have a standard due diligence list to send as part of providing offers. Here is what I would think to ask for:

Copy of note a...

Jeffrey Gordon Applying the 50% rule to determine value
19 September 2009 | 7 replies

2% - 50% rule Question

Hi folks, I have heard this rule this week for the first time (THANKS) and have been reading all the forum posts I can find about how it is used to screen etc. Will bevery helpful in convinci...

Georges A. Case Study with real numbers. To invest or not to invest, that is the question
22 March 2014 | 14 replies

Hey guys, I am a new REI looking to invest in my first out of state investment property. Been on the BP forums for a few months trying to grasp as much as I can and over a year now doing daily research about real...

Aaron Millis 1041 exchange question here
17 December 2018 | 8 replies

Hi BP,So I know that the jist of the 1041 exchange is that you can keep deferring your capital gains tax when selling properties and buying new ones. I also know I've heard that if you live in a property for 2 of the ...

Heather Whittaker Short Term Rental Accounting
8 August 2022 | 22 replies

I've been considering hiring an accountant to handle the accounting for my short-term rental properties. For those of you that have hired an accountant, was it worth it? Also when looking for someone to handle my book...

Lucas Vanroboys Advice on using home equity to scale
20 October 2023 | 5 replies

Hi! I have a fully paid off 3 bed, 3 bath property from an inheritance that is my primary residence. It is a single unit in a duplex complex in South Boston and I collect rent from 3 tenants that live with me that gen...

Karen M. How do YOU view debt???
26 October 2014 | 24 replies

Hello all you smart BP people!I have a question for today:   How do YOU view debt?    Here are some sub-questions that you can pick and choose from to add to the conversation:--> What are your personal "rules" abou...

Matt Donley Estimating repairs with no interior access using 3D modeling
15 March 2019 | 9 replies

I wanted to provide an overview of how to more accurately estimate remodeling/repair costs on a property that has no interior access, by using 3D modeling. This would be property that is currently occupied, out of sta...

Account Closed Help With Mobile Home Repairs PLEASE!
6 May 2017 | 27 replies

We just got our first mobile home deal, and are looking for some guidance on working out the logistics of doing mobile home repairs. We are to instruct Contractors/handymen that we solicit to NOT include costs of ...