Timur Medaric
Purchasing Investment Properties at 70% of FMV??
Investors seem to throw out the 70% rule as a standard in purchasing investment properties. I understand that it varies by markets, but as markets continue to get more saturated and more competitive, is it fair to ...
Nicholas Balcom
Saint Louis Numbers 2% 50% 70% VERY CONFUSED!
I'm from Saint Louis and am looking to buy my first multifamily an it seems that the rents would never be high enough to meet any of these rules. Any tips for the saint Louis area would be greatly appreciated!
Craig Gerulski
STR Sites for Weekday Bookings
Hello Bigger Pockets fam! I was curious how you try and fill/occupy your weekdays. I am currently just on Airbnb and have no issue getting the weekends booked for good rates but I wanted to see if I could maximize t...
Giovanni Branch
Single Family Deal Analysis!
Hello Community of Bigger pockets!I am in the process of making an offer on a single family property. The numbers are as followsListing price-70,000ARV- 95,000-105,0003 Bed , 2 Bath 1400sq ftRepairs -10,000-15,000Rent...
BeBe Cheng
2 Units of Duplex Deal Analysis in NorCal
Hey guys, I'm thinking to cut a deal on 2 duplex next to each other . Willing to listen to see whether the deal is a deal.
Here are the details:
Duplex #1 Asking Price: $250,000
Units: 2 bed / 2...
Doug Wade
Venice Florida Area STR
Looking all over Florida for an area that appeals to my wife and I. Currently looking at Venice Fl. We understand that it is an area for a lot of retirees. It is Somewhere about and hour south of Sarasota. Not necessa...
Nicole P.
SD IRA & Rollover IRA
What is the difference between a self-directed IRA and a rollover IRA account?I currently have a rollover IRA account. Can I invest in real estate directly with this account?
Derrick E.
Need Help: Should I start an LLC?
Yes, I used the search feature and read countless posts from previous people asking similar questions, but nothing that related to my situation.On Tuesday I will be closing on my 5th house. All are owned 100% free and...
Thanh Lu
How to screen guests who book directly instead of Airbnb, VRBO, etc
Looking for guidance about setting up direct bookings for guests outside of platforms like Airbnb, VRBO for both guests and myself as the host to avoid the fees. How do you go about vetting inquiries to ensure it’s t...
Paisley H.
Deal Analysis Help - newbie!
I found a quadplex for $300,000. Rent is $3080, so it meets the 1% rule. I would put 20% down for 30 years, so it would cash flow about $288/mo by the 50% rule (less than the ideal $100/door). But it was built in 1998...