Alejandro Flores
70% x AVR rule? Common?
Houston investor or any others, do you all use the 70% AVR rule? I find it hard to get deal accepted at 70% that's why I'm asking. Are most rehabber happy with other higher percentage?
Jeff Small
How many tv needed in a 3 bedroom str
Hello fellow BP members.
Hi guys. I am putting together an STR that is three bedrooms two bathrooms and 1257 ft.². I am putting a 50 inch TV on the wall in the master bedroom. Also putting a 60 inch TV in the family ...
Nick J.
Just an idea
Josh, after chatting with you on Skype a few minutes ago you had mentioned you had some big plans for the site and of course you wouldn't grace me with any details :shake:
That got me thinking what in the world cou...
Anthony Testino
Going cheap isn’t going smart, or is it?
After 16 years of being in business its safe to say that going cheap isn’t always a smart move. Theres a difference between looking high and low for the most rock bottom prices from contractors that God him self could...
Derek Sperzel
Weigh in on my plan to increase liquidity pre-correction
With all the talk of a Real Estate Correction looming, we've been self-educating, and considering different ways to prepare. We understand that being highly liquid is especially critical for acquiring deals during an...
Larry King
Accelerated depreciation on primary residence turned STR?
We are planning to turn our primary residence into an STR at the end of this year and are looking to take advantage of accelerated depreciation if we can meet the REPS requirements. To my knowledge I believe this is p...
Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
I have a sibling who is looking to sell two single-family rental properties but is concerned about the tax implications. Currently, he rents and needs a down payment to purchase a primary residence. We're exploring cr...
Account Closed
Tenant always short on rent, MGMT company not collecting late fee
So I have this property in a D neighborhood (Ybor city, Tampa) and I have a management company managing it. The tenant paid the first and second months promptly, the third was late and the forth which was supposed to ...
Joshua Dorkin
BiggerPockets Live Chat: Coming Soon . . .
Hey All -We wanted to tease you with an awesome new feature that is coming soon to BiggerPockets -- our LIVE CHAT! In addition to the forums, blogs and private messaging system, members will be able to jump in on a l...
John Morgan
Will all banks halt loans?
What are the odds all banks will put a pause on our investment loans? I’ve got two Freddie loans and seven loans through my credit union. I’ve got some reserves for this, but I could be out of a job soon myself and co...