Bo Huang
Wholesale Formula for SoCal?
Hey BP,I have a question on the wholesale formula: ARV x (%) - repair - assignmentWhat formula % do you use for wholesale calculations in SoCal, especially in San Bernardino/Riverside area and Orange County area? I fe...
Jonathan Beemer
buying just below asking price for rental?
Hi BP,just for knowledge sake:wandering what your thoughts are on properties that are negotiated to just below asking price. with no repairs needed. rent ready.so say there is a property that is worth 100K, needs no r...
Matthew DeVercelly
Investing in high tax NY
I’m about to buy my first rental home on Long Island. By my math it will cash flow each month about $400-$500 before CapEx and Vacancy contributions. Obviously the margins are thin but I want to move forward so I can ...
JayCinta Henry
70% Rule In DFW and Other Hot Markets
Question 1:Is anyone hitting the 70% rule in the DFW market or any other similarly hot markets? If not what have you resolved/accepted to be your new acceptable margins? How are they working out?Question 2:Here is my...
Ryan Woodward
Refinance Advice
Hello Everyone,I am still super green when it comes to real estate investing. I have one multi unit that I have had for approximately 3 years. I live in one unit and rent out the other. I am very interested in the str...
John Dodenhoff
Property Acquisition Methods 200K or less with 30% profit
I have been trying several different methods of acquiring properties in Myrtle Beach, SC but nothing is really bringing in deals at a consistent pace. I have tried lists from REWW / Realeflow / Datazapp to try and con...
Joseph Chang
Credit score slowing growth
I have a credit score issue. I bought 7 rental houses last year and my debt is nearing 1 million. I’m not worried as my rent margins are double or near double the mortgages. All these hard inquiries and debt have drop...
Westin Hudnall
Buying Through Auction : Rule Of Thumbs ?
What are helpful rule of thumbs for buying through auctions ? Since you cant get inside the house; does anyone have any formulas they use to help calculate a bidding price assuming the only "known" is after repair val...
Andrew Kniffin
Legal Structure to maximize depreciation
Imagine 2 investors wish to buy 50-50 a large multifamily:Investor A is in the 39.6% marginal income tax bracket. Investor B is in the 15% marginal income tax bracket. Each dollar of depreciation is thus more valuabl...
Nolan Ring
What are Cash Buyers looking for in the Indy Market?
Looking to wholesale in Indianapolis and trying to determine what cash buyers are looking for in properties to flip, rehab and rent, etc. Anyone have some advice on what to look for? Thanks!