Lynne Garris
First time with wholesaling and have a snag
This is my situation. It's a great deal problem is realetor are involved and how do I get around this? Okay I found a great deal. I found a foreclosed home. Did the ARV, Comps, all the math I needed to do. Last house ...
Craig Moore
The Math for your Real Estate goals?
Hi BP,I'm wondering if you all can advise me on the proper way to set-up my goals and make sure the math makes sense. I had this figured out about a year ago (before I even had any capital), but have since forgot the ...
Justin Wallman
Laminate Flooring Depreciation
Does anyone depreciate laminate flooring in the event you have to replace some or all of the flooring when a tenant vacates? Similarly to carpet? Maybe a life expectancy when a new tenant moves in?In other words, the ...
Shane Woods
50% on my 1st Mail Campaign!!!
Ok, that probably wasn't nice, but it IS true. Just wanted to share my excitement (yes, I get excited) that I mailed out two handwritten letters last week, and one of them called me back. :) By my math that's 50%
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Christopher Stevens
ChatGPT can calculate ROI and cash flow
Check this out! I did a test and input this data into ChatGPT: What is the ROI and monthly cash flow on a property purchased for $135,000? - Property taxes and insurance costs are $101 per month- Down payment is 30% o...
Anirudh Reddy
Goal setting: 10k$ per month in cash flow in 10 years
My scenario: I have 40k$ in cash right now. 10K$ in stocks. Me and wife both have W2 jobs. We both want to retire in 10 years from now with 10k$ in cash flow per month.
Goal: Buy SFH rental property and rent them ou...
Victor Velazquez
My first two loans are killing my DTI
I would really appreciate some advice; My wife and I are co-borrowers on two properties, our principal residence and my mom's home (neither of which provide rental income).
We now want to buy our first investment pro...
Dean Boyer
My first major post.
I tinkered in real estate for about 5 years. Owned one rental, and flipped 3 houses. Just doing some side investing we will call it. I teach high school math, coach, own and operate a 500 customer lawncare business...
Brent Hasse
DIY Landlord and Entrepreneur in the Proptech Space
Just wanted to introduce myself, I've got 4 door in Chicago (Lakeview and Wrigley) and grew up in the western suburbs of Chicago. I'm looking forward to being more involved in the forums here and helping anyway I can...
Diamond Bland
The right way: What to do first?
What is the first thing I should do if I want to invest in a property? I am caught between trying to wait until I can buy a property out of pocket or mortgaging? I am not trying to become an agent, but I want to inves...