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Hello all, i have a 1031 question. To me it seems like a simple question but im getting a couple different answers. My question is about the profits of a 1031. Heres the scenario: I bought a flip for 100k, the rehab w...
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I've been using the same insurance carrier for almost a decade and as I've grown I feel like their customer service has declined. I'm planning to evaluate my current policies for the new year and am wondering who you...
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Hi all, My spouse and I have a full time W2 jobs and we are looking into real estate investment (SFR - buy and hold strategy for now). Neither of us will be able to get the real estate professional status nor will we ...
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Hello. I'm looking into a 1st Position Heloc for my rental property in CT. While I have a fantastic rate, the co-owner's giving me the option to refinance or he'll force a sale. This property gives me significant inco...
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I'm using the BRRR calculator to analyze a few opportunities. It's pretty good but I do have a few questions around the metrics:
1. Can someone explain the variables that are used to calc the Income-Expense Ratio. M...
Hi All, It seems like there is great feedback for Anderson Business Advisors (https://andersonadvisors.com/) on this forum. And they have great YT videos packed with content. Does anyone have any recommendations for g...
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Great breakdown from Dave Meyer talking about what happened in 2023 and what to expect in 2024. Take a look at this map showing home price appreciation in 2023: even for me, it is shocking how Wisconsin stands out, al...
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The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
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As another test of the new BP file vault, and to give back to the BP community, attached is the spreadsheet I use to evaluate single family house rentals.
In general, the red colored fields are th...
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in process of buying a duplex, the duplex has tenants who live there for 4 years already. the rents are way lower than the market rent because the seller hasn't raised the rent for 4 years. Not sure shall I vacate the...