Scott Pigman
Does John T Reed's formula for positive cash flow make sense?
A week or two ago there was a discussion regarding the 50% rule based on this "positive cash flow" article by John T Reed (actually Reed uses 45%, but that's neither here nor there for my question).In the article Reed...
Patrick E.
Finding a mentor?
I was wondering how an 18 year old could find a mentor for REI? I live in Lake Elsinore, CA. I'm still in high school but want to learn everything I can. I'm more interested in the buy and hold strategy and want to pu...
Ed W.
Loaning Money to an SDIRA
Scenario:
An SDIRA owns a property.
The beneficiary of the IRA wants me to loan money to the IRA so that the property can be rehabbed.
My understanding is that the loan to the IRA has to be non-recourse.
My unders...
Meghan Cheek
Snow removal Albany NY
With winter fast approaching I was wondering how everyone handles snow removal for small multifamily properties? We have been providing snow removal but are now looking to move and hire it out. I've read that it can...
Alex Silang
Why do you invest in commercial (instead of residential)?
I just wanted to get people's opinion here.Residential has numerous advantages - easy to find tenants, Fannie Mae offering long term loans, etc. It's fairly hands off if you find a good property manager. Why do you in...
Dave Carter
Trying to grow to raising capital for multifamilies
I’ve got 3 SFHs and one four plex. I’m tapped out of down payment money so I’m looking over the horizon to figure out how to raise capital from investors but feel a little stuck.I don’t want to give up equity (I don’t...
Travis Tinnes
New To Investing and Bigger Pockets
Hello Bigger Pockets Community!I'm new to investing and new to the Bigger Pockets world! I currently live in the Denver Metro area and am looking to start my investing journey here in Colorado, but am also open to oth...
Roger Pokorny
Out of State Applicant Not Available for Lease Signing
I have an out of state applicant that was approved for renting a SFH. In my interviews, I told the applicant that I wanted the rental agreement to begin June 1st. They informed me they wanted the house but would not...
Felicia Gossett
Need help learning the ropes for Air BNB
I want to buy property use as air bnb but I’m clueless on how to get started. Someone please point me in the right direction.
Christopher Johlfs
Painting, drywall and all between
Just throwing this out there: I am a painter/drywall'er by trade... can do most anything within the home and have many years in the industry. Anyone trying to do something on their own and have a question about it, ...