CK Hwang
Does anyone really use the 70% rule when buying in today's market?
Hi everyone, I was just reading through this article today,
http://www.biggerpockets.com/renewsblog/2013/01/16/how-to-lose-money-flip/?utm_source=BiggerPockets+Newsletter&utm_campaign=65d81ad5e0-January_17_2013_...
Chris Habets
Fire Retrofitting Small Multi Family
I have a few questions on this. I'm in the process of retrofitting my duplex in Ottawa - a relatively easy one, just adding some sprinklers in the furnace room (self install + inspection for ~$1000) and some drywall i...
Susan Homeier
Benefits of having license
Are you a real estate investor who wholesales or rehabs and flips properties?Many people have their real estate license and many people don't. If you do what are the pros and cons? If you don't what are the pros and ...
James Cargill
Investor Etiquette - Newbie
Happy Friday, everybody! I hope your week has been a good one.Quick question on etiquette. Are there any unwritten rules to follow for your first offer or do you just go ahead and buy a deal when you find one? The res...
Matthew Dendulk
Condo, HOA, and what to look out for
I’m looking to purchase a condo. The initial purpose is to live in as a primary and rent out a room to a friend. My goal would be to have it paid off in 2-3 years and keep it as a rental. I’ve been told that in this H...
Kenneth Stuart
Calculating monthly/yearly fees?
I have never purchased property before. I am trying to learn more about fees and expenses to expect when owning a property. I know of the obvious expenses like tax, insurance, property management, utilities, repairs...
Mark Forest
Help on buying some properties
I am getting a little overwhelmed here. My wife and I drive around in the neighborhoods we want to have rentals and we see many foreclosures. Some of these are listed on the Internet and some are not. This looks li...
Jayden Hamilton
Whats the best tool to use to determine if a property will CF
Whats a good app or website tool to use to run numbers and determine if a property will cashflow or not?
Cameron Marmon
Couple of questions on the 50% Rule
Hey everyone, new guy here. Loving the forum and the info. I have a few questions in regards to the 50% Rule. I may be making a simple rule too complex, but curiosity is making me ask haha.
Example:
We identify a p...
Andrew Caldieraro
The STR loophole
If you follow the guidelines (materially participate, etc.) how long do you need to hold a property as a STR to take advantage of the loophole to offset W2 taxes? For example, what if I only want to hold the property...