what is the breakdown for the 70% formula?how much of a % can i expect purchase closing costs and selling costs?holding costs?hml with holding costs?how come nobody explains the breakdown of the actual 70% rule??the 7...
I got a newbie question.
If Property Management Company can pick the right property, take care of it and tenants, and everything related to the property for ~10% fee, then why doesn't everyone do it?
Maybe many peo...
Just starting out here...
Have $50,000 to invest in real estate.
Would you:
A) Buy one Condo / Apartment outright (paid in full) and rent it out
or
B) Mortgage two Condo / Apartment's (...
hello BP users,I have been fascinated by real estate development for years now since i was a little kid, and i have decided that this is the career path i want to take.So what is the best way to become a developer?1. ...
Written by IRA attorney John Hyre:The Mazzei Roth IRA Case – An End to Magical SchemesThe Tax Court took a major step in the direction of curtailing SDIRA abuse. The case will put the kibosh to a great many “IRA Stuff...
HAPPY FRIDAY BP!!! I've been a homeowner for 6+ years and had finally decided to get into REI. I'm still educating myself (been doing so for the past 2 years), but decided to a HELoC to fund the down payment and wo...
Why is my Eastside flip not selling?What should I do to get it sold?4 bed, 3 bath, 3820 sq ft, built 1991Listing description - Cathedral ceilings and rich hardwoods welcome you to this stunningly refreshed Burnstead h...
Greetings and blessings to the BP community, hoping you and your Fam are sustained.
My wife and I closed on a bank-owned property in S.C. in late September 2019 with a plan to implement the brrrr strategy, which we'...
Like a sleepy frog in boiling water, we're all getting comfortable with the idea of rising home prices. In some price ranges - largely caused by hedge funds and institutional and non-instutional investors buying up e...