Dustin Somers
Whole Life Insurance for Wealth Building
Does anyone in the bigger pockets community have personal experience with a Whole Life Insurance policy or Wealth Maximization Account to help build their wealth and real-estate portfolio.
Kurt Granroth
Dissecting and Understanding a Schedule K-1
I just got my first K-1 from a multi-family syndication and want to understand it. This is the actual K-1 with real numbers and only personally identifying elements have been removed. I'm going to describe what I th...
Account Closed
The 70% of ARV rule.
I have heard this for sooooo long. It is such a popular equation, it has almost become a rule. People get mad if there is a property offered at less than 70% of ARV minus repairs. The fact of the matter is, that while...
Edit B.
Paying off Properties and Using Equity Line of Credit vs Not
Hi guys, I'm interested continuing my investing using the BRRR strategy. I currently have a duplex that was financed at 4.75%. I've recently began accumulating some substantial amount of cash and I'd like to get some ...
Kirk Rohani
Opinion on 1st potential deal
I'm a new investor just starting out (no deals yet) and just won a HUD bid with the following numbers. Since this is my first possible deal, I wanted to get some advice/feedback/opinions please..
ARV = 240k
...
Mark-Anthony Villaflor
Investment strategy for upcoming migration
I've gotten about 7 homes in the past decade mainly in linear markets, focusing on cash flow and the 1% RV ratio. I've lived overseas for quite sometime so can't really do the BRRR strategy (or hesitate to from Asia)....
Troy Brown
A little more complex than Im comfortable with
Morning Team,
I am a military member who has a small portfolio of homes and after joining the site i have really been scouring a few markets im comfortable with for that perfect multi-family. Ive made a few ...
Luis Guerra
The 25% property management fee was killing my STR profits
Hello everyone,I've been managing my short-term rental (STR) in the Orlando area for a few years now. Initially, I handed over the management of my property to a company, giving up 25% of my earnings for them to handl...
Gary Crawford
How I went from ~100k to Millionaire in 6 Months
Initially, when reading the title of the article, this sounds like a get rich quick scheme or simply too good to be true. I will keep this short and concise, but most of what I have done can be replicated by almost an...
Greg Clatterbuck
To sell (1031) or not to sell
Looking for critical feedback.I currently own a property (10 years) that is valued at $215k, mortgage of $100k currently cash flowing approx. $600/month (not including cap ex, vacancy, maintenance). I self manage the...