Engelo Rumora
WTF is wrong with investors these days?
So I get investors reaching out to me everyday and it goes like this:"Hi, I know you offer turnkey properties and property management and am interested in the Toledo market, I don't want to buy turnkey but was hoping ...
Jason Malabute
MY THOUGHTS ON SILICON VALLEY BANK COLLAPSE
The following are my thoughts on the collapse of Silicon Valley Bank and any thoughts of upcoming bailouts. As an advocate for responsible financial practices, I believe that the government should not bail out banks t...
Nathan Frost
Overleveraged Advice Please Help
Hi, I was hesitant about writing this but want anyone out there that can help. Please give me any tips or advice. I rather sleep peacefully at night. I could use the criticism and just want to not worry every month...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
David Lao
Depreciation to offset W2 income
This is a hypothetical situation. Billy has a day job earning $100,000 per year in California. He wants to build a real estate empire in his local market as the king of residential real estate (1-4 units). What value ...
Katie Bustos
Tax saving strategy for long term
Hi! I just started educating myself on rental properties a few months ago and am trying to determine my strategy. My husband and I both work and have a combined income of $220k but we are paying $60k annually on taxes...
Ericka G.
Use Leverage or Stick with Cash?
If you have cash, should you use it or is it better to use leverage if you can? So far, I've almost exclusively used cash to build our small portfolio. My goal for the year was to fully replace my current after tax ...
Jordan Moorhead
Is BRRRR overhyped in the current market?
I get asked about the BRRRR strategy all of the time and honestly don’t know if anyone that’s done it in my market where the property cash flows afterwards. It sounds great. Keep using the same money over and over. It...
Lakecia Ann
Real Estate Wholesaling
Is this a good time to start a real estate wholesaling business? Anyone? I would appreciate any words of wisdom. Thank you. :)
Account Closed
What company/bank institution supports self-directed IRAs?
Hello Hello Successful People of Bigger Pockets,
So, I have heard of being able to move monies that are in Retirement Accounts/Roth IRAs in to Self-Directed accounts in order to use those said monies to invest in rea...