Paul Bowers
Using a % of rent to calculate CapEx seems wrong to me
I'm brand new at this but it seems that using a percentage of the rent to set aside for CapEx doesn't seem to make sense. Let's assume I buy two different 1,500 square foot houses and one rents for $2,000 per month a...
James Watson
Direct mailing campaign (Data/input needed)
Hey guys!We are currently averaging about 1 single family deal per month and looking to ramp up some marketing to increase deal flow. Currently I am handling mailings personally, handwriting envelopes, stuffing envel...
Jennifer L.
When is the best time to begin advertising your rental?
I have a rental that will be available to rent beginning 9/1. The last time I had to rent it, I had half the notice and a lot of work to do on the place, so I didn't list it until it was ready to show, which was afte...
Account Closed
Phoenix homebuyer duped out of $73K in real-estate scam
One click. One-tenth of a second later, $73,000 disappeared into the ether and two Phoenix home sales were derailed.It was no accident. Homebuyers across the country are being targeted in custom-tailored email scams a...
Sebastian Gast
What is truly owner occupancy?
Not sure if this is an innovative strategy or just illegal but I would like some input. I have a friend who bought several rentals ALL with primary occupant loans (3.5-5% down). What he does is include utilities ...
N/A N/A
Making Offers BEFORE seeing Property??
Good morning all,
I was reading a post by one of the Guru's on this site. He was explaining how to get started in REI and the steps to take to achieve a financially stable goal. One of the points he mentioned was in ...
Jordan Campbell
How skewed is AirDNA???
Hello,I am having a hard time running my numbers for STR investments, because I don't currently trust AirDNA. Depending on the neighborhood or city, I am finding some significant revenue pockets that make the number w...
Edgar De La Torre
Student of Real Estate Analysis and Investment, Los Angeles, OC
My name is Edgar De La Torre and I am currently a student at the University of Southern California. I am originally from Orange County, but plan to stay in the Los Angeles market upon graduation, December 2017.I began...
Mark Hu
What does the legal description of property mean?
What exactly does the legal description of a property mean? Is it the Lot and Block survey system? I know it does not match the APN number, the lot number of the APN differs from the lot number of the legal description.
Pachalo Mkandawire
How to structure JV Flip Calgary
Hi bigger pockets family.Me and two people that i have known through work are planning on doing a JV flip sometime in spring this year and i'm wondering how to go about it.We planning on buying houses cash and rehabbi...