Peter J
50% and 2% rule question
I realize these have been beaten to death on this forum so I'm not here to bring this debat back to life but do have a question.
I don't think it's possible to follow the 50% rule if you don't buy a property that isn...
Justin Howe
First Deal Closed - $17k Profit in Less Than Four Weeks
Hi BP,On January 5, 2015 my partner and I put our first property under contract. On January 30, 2015 we closed the transaction and made $17k total profit. This thread will detail how we found the deal, obstacles we ov...
Patrick Megill
New to real estate investing/intro
Hey everyone I'm Pat and new to the forum. I am 25, married, and live in Florida. As the title says, I'm new to real estate. I just started reading "Rich Dad Poor Dad" and have been skimming through the forums here to...
Austin Berlick
Househacking in Austin, TX market. Need expert advice!
Looking to be within 20 minutes or so of downtown Austin, TX and running out of options that fit in my budget. I have roughly $30k to put down and finding SFH rent by room is my best option in this market. Is the inve...
Anne Faber
How find a contractor to help estimate rehab costs
Hi there!Been interested in investing for a while and been listening to all the amazing podcasts. Thanks to everyone for sharing their journeys. I'm Finally trying to move on this and am looking at houses for purchase...
Michael G
Ultra-basic tax example
Hello friends,
As I get closer to buying my first rental unit, I am thinking more about taxes. I know depreciation can be used to offset rental income. I have a few questions about what the government considers incom...
Mario Boemer
Cris Chico postcard system tryout !
I wanted to post here what the results will be for someone that wants to buy Cris Chico's course. Today I sent out 3524 Seller postcards and 500 Buyer postcards from Cris Chico's system. As a background of myself, I'm...
Heather K.
homeowners insuance on duplex
Hello all,I am purchasing a duplex in Minnesota for $90k and the appraisal value is $100k. I'm working on getting insurance but the companies I've called want to insure it for the replacement cost of $340k. I really...
Christina J Allen
ARV for a Multifamily Deal
Hello Bigger Pockets! I am a newbie with an interest in Multifamily properties. I am currently learning to use the BP calculators to evaluate whether or not a property is a good deal! I am having trouble with estimati...
Robert Harpster
First NNN Investment Property
Brand new to the site and looking to purchase first investment property. Located a NNN two tenant 2600 sq. ft building built in 2003 and renovated in 2016. The numbers are: Price $600KCap rate: 7.0%NOI: $41, 625One te...