Aaron T.
What percent are you using for maintenance, vacancy, PM, etc???
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 ...
K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Shiloh Lundahl
If you have less then 20k, you shouldn’t invest in real estate
I know that many may not agree or may even be offended by the idea that if you don’t have 20k you shouldn’t invest in real estate, however, It’s true. If you’re an adult and you have no money saved up, then before you...
James Tedrow
Joe Biden wants to trash the 1031 exchange
What do you all think about Joe Biden's tax plan and the elimination of the 1031 exchange?Moderator Note: This post turned into a political discussion, which is not allowed per our rules. This thread has been locked. ...
Loren Thomas
Ask me your electrical questions!
I've been an electrician in Washington (the real one..) for 10 years, residential, commercial, and industrial. I've learned a ton from BP so this is me trying to give back with knowledge of something I know very well....
Will Spruill
My turkey disaster
I bought two turnkey rental duplex units in Indianapolis last year that came with a one year rent guarantee. The rent protection was thru AON and was paid for by the advertiser that markets turn key homes.
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Grant Stuard
How are people scaling so fast?
I have listened to some podcasts, and have heard people saying they got their first 7 properties in 11 months. Some even crazier. I have 5 properties, but I have used all my money to purchase these properties at 25% d...
David S.
When is enough enough? How many homes does one need!?
Perhaps I have an inner socialist I’m not aware of, but I have to ask the community, when is enough enough as it pertains to number of units owned?How often they ask on the podcasts “where are you going from here?” An...
Ben McMahon
Is this the end of the Traditional Real Estate Agent Era?
For years now, we have all known that a good portion of the traditional real estate agents job is unnecessary. This is a heated topic for a lot of people particularly if you are an agent. The best argument for the t...
J. B.
Tenant damage; low remodel bid; high remodel costs... Now what?
Age 40. Owner of a singe-family rental homePurchase price 15 years ago: $200,000 (zero down payment)Current value: $400,000+Current mortgage: 20-year fixed with 19 years remaining @ 2.875%Seeking advice and opinion...