Scott Pigman
Does John T Reed's formula for positive cash flow make sense?
A week or two ago there was a discussion regarding the 50% rule based on this "positive cash flow" article by John T Reed (actually Reed uses 45%, but that's neither here nor there for my question).In the article Reed...
Homa Teramu
Newbie looking for direction .. .
Background: I house hacked a property located in Silver Spring, MD. I purchased the property three years ago (04/2014) for $289,000 with FHA loan and PMI in it. In 02/2016 I refinanced the loan to 15 years at 3.12500%...
David A Slocum
Delayed Financing question
I'm a new BRRRR investor looking for my first single-family deal and I just finished David Green's book on the BRRRR strategy. I've been listening to BP podcasts and came across two podcasts that mention delayed finan...
Helen Fradette
Newbie here, How do I calculate percentage amount to save?
Hello, I'm in the stage of figuring out where my money is going. When I hear people say, "Live off 50% of your income, invest/save the rest" how would I calculate that amount? I know the difference between GROSS and ...
Frank Sousa
Rental Analysis - Determining Tax of Rent-Ready Property
Hi, my name is Frank and I'm new to BP, looking to start investing out of state in Indianapolis. I've identified a few properties I have been interested in and have done some analysis using the BP calculators but I'm ...
Sam Alex
calculating cashflow - is this correct
Hi,I've been trying to calculate the cash flow on my rental (actually my previous residence but had to rent out as i couldn't sell so not really planned), but have found it a little overwhelming. Could someone review ...
Michelle Moe
Construction loan at 9.75% or pay cash?
Hello! I have purchased one of Rent to Retirement’s new builds in Cape Coral Florida. It is estimated to take about a year at 9.75%. Is it better to take out the construction loan or pay cash?
Madhav Chhura
First time Investing in Inland Empire Area - Need help evaluating
Hi Bigger Pocket Folks!!
I am new to real estate investment. I have been educating myself on how to evaluate properties and invest in rental properties by reading books, listening to the podcasts and following the...
William C.
Is a HELIC considered profit?
CPA’s, accountants, and loan officers please chime in but obviously don’t provide anyone with tax advice, but does my logic make any sense?I was told once by a lender that debt service is not considered profit. For e...
Keegan Darby
Hold cash or refinance?
Hi All,
Wanted to get your thoughts on if we should hold a house cash or do a cash out refinance? The details: "All in" after rehab at $145,000
Tenant in place at $1,550/month We can do a cash out refinance into a...