Timothee Brzozowski
First Time BRRRR Property Purchase
I recently found a property with my partner. It looks good but I’m wondering what you guys think about it. Don’t take it easy on me. Be honest and blunt.** Property Description **Address: Rapid City, SDType: HouseBeds...
Arthur Banks
Future Assumptions
I'm using the BP Buy 'n Hold calculator and I'm not sure how to calculate/get/guess how much for the following:
(I'm waiting call back from lender to help with closing costs but figured I'd post here in the m...
Andy Lesko
Home Warranty and CapEx Budget
If I have a home warranty on a SFH rental, should I still budget each month for CapEx? For example, I pay $500 a year for warranty plus $60 for each service call. I choose to budget $100 for this expense ($40/month ...
Tristan Thomas
Property value & offer price calculations
Hey Bigger Pockets!I am currently reading through the ABC's of real estate investing by Ken McElroy and have run into an issue regarding offer price. In McElroy's book he says to determine the property value and offer...
Michael Bangsal
1st Investment: House-hacking strategy
Niche: Buy & HoldStrategy: House-hack 1st investment Challenge: Expensive area (Bay Area)I want to start my real estate investment by using the house-hack strategy for the first investment. I am open to a duplex o...
Oye Alle
Exit strategies, is this scenario even possible
Hi I'm a newbie hoping to flip and or wholesale I am an a licensee in VA. I'm wondering what happens when you fail to sell the house within your projected holding period. Now the Hard Money starts to get expensive a...
Cameron Brennan
Pay Off Mortgage Faster with HELOC
Is anyone familiar with the concept of using HELOC to pay off your mortgage faster? I am wondering if this still works if you have a higher interest rate on your HELOC than your mortgage and if so, can anyone help ca...
Dave Holman
Create a Property Management LLC?
I co-own and manage two single family homes in Maine and am buying a multi-unit in 2017 and more down the line. All are in separate LLCs with different investor equity compositions. Should I start a separate property...
Alex R.
The importanc of reviewing the Tax Form 1040 schedule E before purchasing a rental property
why is it so important to review this form before buying a rental property and where can I obtain one for the property I am considering to buy
Michael Glaser
Business Trips: Spending Airline Miles or Charging
I'm going to be taking some business trips to Kansas City soon. I'm using my SWA miles and it occurred me the other day I might be "doing it wrong". I have both a personal and business SWA card. If I'm able to write o...