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 ...
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...
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 ...
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...
Anthony Harper
Landlord Policy for 4-Plex
I'm under contract right now for a 4-family in South City, St Louis. My objective with this landlord policy is to protect my investment, whether there is a partial loss or total loss. I've narrowed it down the choice ...
Melanie Murphy
Need to CASH OUT, Memphis TN
I cannot find a bank without a $100k per door cash out refi loan minimum. I have a property in Memphis, TN with a 125k ARV, but two others with a 60k ARV and 65k ARV. Do all BRRRRs in Memphis have to have a $100k ARV?...
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...
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...
Jon Deavers
DIfference between cash flow and noi
Hello all,
I have a pretty basic question but couldn't find a concise answer posted.
What's the difference between net operating income and cash flow (as used in an REI context)?
My understanding ...