I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...
Hey Guys I was on another forum and Tim Gordon posted something that really struck me. He said " At this stage of the market, those who can't succeed teach." This is something that I wholeheartedly agree with and some...
AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
Hello BP! I am an Active Duty Army Staff Sergeant (E-6) currently at 9 years 5 months Time In Service with 10 months left of Active Duty service. This will put me at exactly 10 years 2 months TIS. I am struggling w...
Curious question. Wondering what the thoughts are out there about investors who are also renters. Anyone? We're looking at going back to renting yet, wish to continue on our investing ventures.
I recently purchased my first rental property with no money down. I did so by necessity as I am cash broke! However, I do put a substantial amount of money into my 401K account every pay check. I have always been r...
My Take on Every Thread in the Wholesaling Forum
1. Newbie with no Capital want to “begin real estate investing” by wholesaling
2. Current “wholesalers” offer encouragement, general advice, etc.
3. Real Estate Br...
What should I do ?My realtor is a great guy but this is the second deal that he refuses to show me ( he rather give me the number to call ) stating "he is not driving 20 miles for 500$ commission"I saw a condo where t...
So brief background. I started investing in the USA around 08. Ended up in Memphis and with the help of a great mentor really got going in that city. It quickly became obvious that many parts of Memphis were terrib...
I want to build a real estate investing business. I want to buy and hold, I want to rent I want to do BRRRR’s and I feel like High School is holding me back. I also want to get a job working with GC starting out as a ...