Eric Schwake
Thinking about rental properties using Self Directed IRA.
My first post to BP. Posted the same to Reddit but think there might be some different opinions here.I've currently got an IRA with Betterment that has around 180K. I've been looking at RE Investing as an option to g...
Craig Osterloh
50% Rule and $100 Cash Flow
I guess my question is how accurate do you find the 50% expense rule?
If you gross rents are $2500, a margin of error of 10% on your expenses would result in a $125 difference in cash flow. This might result accepti...
Frank Chirkinian
Direct mail 1 year later
Hi all, this is my first post on BP. I've been a long time lurker and my new year's resolution was to start posting on BP and actively participating in the discussion.
By way of an introduction, while new he...
Joel Arndt
Brandon and David were COMPLETELY WRONG in podcast #327
First of all, why is there no dedicated BRRRR section in the forums?Anyway, this is about one point that Brandon and David made in the Bigger Pockets Real Estate Investing Podcast #327. It is an excellent episode and ...
Mindy Jensen
Flooding basement - what do you know about French Drains?
My neighbor's basement is flooding after some pretty heavy rain over the past week. They have called a basement guy out, who would solve the problem by jackhammering up the cement floor in the basement, digging a tren...
John S.
$3.5M in liquid cash, what is my best approach?
So to keep things quick and simple, I currently own 2 finance companies which have provided me with approximately $3.5M in LIQUID CASH as of the time of this post.Given that we are entering and many suggest, currently...
Matt Speer
Would you fire your PM if their days on market avg was over 40?
Serious, yet simple questions: Question 1: If you found out your property management company had an average days on market of over 40 days would you immediately fire them and look elsewhere? Question 2: If you answere...
Gary Baker
1%-2% rental rule of thumb
Hi Bigger Pockets - long time lurker.Part of my procrastination in buying SFR rentals in 2016 has been that my calculations show negative returns, thus no cash flow. The DFW market heated up rapidly in 2013-2016 and h...
Alex Heidenreich
What Metric is your "Go-To" at-a-glance analysis for deals?
I typically look for the 1% rule based on ARV and an all-in investment of less than 75% ARV. Those are the most important metrics to me. What about you?
David Gauger
AIR DNA accuracy on projected rental incomes
How accurate has everyone found air dna to be. I purchased the service to analyze properties in a beach town in north carolina. I ran the rentalizer and it came up with a projected number that made the deal work. I...