Jack Phillips
Need help with mortgages, liens, etc
So I have a hypothetical situation:
Lets say a properties ARV is $550k,
Repairs are $75k,
And Wholesale Fee is $10k.
Using the mao formula:
$550,000*80%-Repairs-Wholesale Fee = MAO of $355k
When I am making my...
Matthew Koller
Investing in Arizona
Hey! Me and my Investment team are going to be moving down to Arizona within the next few months, we plan on buying rentals down in that area and are in search of partners with funds that might be interested to go in ...
Gary Garrett
Hiring where to start?
Hello everyone, I've been buying and rehabbing properties for long term rentals for going on 8 years now. I enjoy buying properties, designing them, and seeing the end product. However in the past I've done the majo...
Colby Valladares
New investor looking for help!
Hello! My name is Colby, and I’m looking to get into rentals. I have about $100,000 and would like to buy the first one cash. I live in Washington state and am just wondering what some of you professionals would do? W...
Danny M.
Question On Finding A Real Estate Agent
Hi, I am looking to buy my first property this year (traditional house hack). I have found a contractor I trust should any repairs be needed, secured a cheap month-to-month rental in the area I will be looking for whe...
Jamie Juelfs
Tax time- Real Estate Professional Status
Hello all- I’m interested in claiming RE Professional status. I’m wondering if time spent traveling to-from rentals is eligible towards the 750hr requirement. Additionally is time spent doing due diligence and searchi...
Janine Bynoe
Florida rental property
Hello BP members, Was wondering if anyone knows the best areas in Florida for rental properties?
Henry Lipscomb
Finding mentors as a young investor with little capital
I am a 21 year old rising senior pursuing a chemical engineering degree. I do not come from a real estate background so my family is not much help in the way of investment advice. At this point in my journey I underst...
Nick Macklin
Southern MD Meet Up Group
Hello everyone! I've been doing some searching and found 1 meet up group in La Plata but was hoping to find something a little further South. A little closer to the California, Hollywood, Lexington Park area. Does ...
Mitchell Frisby
New Member Introduction
Hello BiggerPockets! I have been a member for a few months, but I wanted to introduce myself to everybody. I am a buy and hold investor in the Akron, OH area. I am focused on increasing the number of cash flowing unit...