Mike Smith
Rule of 100, 1% Rule, or whatever it is called
In looking at rental properties with a realtor, he mentioned the rule of thumb of looking for something with gross rents of at least 1% of the purchase price. What are your thoughts on this? Do you use this rule? If s...
Ross Smith
Anyone used Curbio to flip?!
Has anyone considered using a company like Curbio to flip houses? Curious if anyone has researched this before.https://www.curbio.com/
Will Barnard
Starting out at BP, Fear of Posting
Hello BP Nation!
This thread is to the active membership here on BP and for the benefit of the new members who come to our site, as well as all of us.
It has been brought to my attention from several members who are ...
Jason Bohan
help 20 yrs old with some money.
hi, i am 20, and i want to start investing into a apartment. i have 15k saved and i dont kno wher to start really. do i need credit ? what do i need and what should i do first .
Joe Aquilina
FHA Loan for Multi-Family
I’m young, I’m only 18 but I want to get started with investing into multi-families. One of my main concerns is the loan, I don’t have any knowledge on loans. I have a few questions, so please if you know anything abo...
Don Taylor
REI Software for wholesalers
Over the last few months I've been researching different all-in-one REI software platforms. I've looked into "REIPRO", "REALEFLOW" and "FREEDOMSOFT". Currently I'm paying for "REIPRO" and I'm in a free trial with "REA...
Robert McEachern
Depreciation Recapture in Seller Financed Transaction
Hello All:I am trying to purchase a 4-plex using seller financing and the Seller's accountant is telling the Seller that they need to receive enough of a down payment to cover the depreciation recapture which is taxab...
Tim Ball
Separate Bank Accounts for Each Rental or nah?
Hello BP World,I am buying my second property which actually is a duplex. (Congrats). Thank you. I have a separate bank account for my first rental because I am taking the advice from Brandon's book on growing your...
Account Closed
Tankless vs traditional hot water system
Good evening bp family. I would like to get opinions on hot water heaters vs tankless heaters. We have a 3 unit building with 3 separate water heaters for each unit. There is only 1 meter for the house so we have to ...
Collin Vosburgh
Dave Ramsey on real estate
So in his book "Complete Guide to Money", he says that you shouldn't even get into real estate investing until you're out of debt, maxed out your 401k and Roth IRA options, have paid off your own house, already have e...