Joshua Dorkin
How to Calculate Fixed Costs on a Rehab, Flip, or Wholesale
Part of analyzing a deal is having an understanding of the fixed costs that come with doing that deal. BiggerPockets Blog contributor, J. Scott wrote an incredible article to spell out the details for anyone interest...
Emily Reynolds
What % off list price do you generall bid on REO's
I am reading that REO's in the Tampa Florida area are going for list price. How can this be accurate as that leave NO meat of the bone to rehab, sell & make a profit. ANY insight & advice for the Tampa Area wo...
Kathryn Stevens
Do you incentivize GCs? If so, how?
I know flippers sometimes write penalty phrases into contracts ("must complete by XXX or pay $/week/month"). Do you ever pay your GCs extra when they get it done on time or early? Or, are they being paid to do that al...
Corey Dutton
Whistleblowers Confirm Bank of America Still the Worst Bank
According to a recent article published by the Huffington Post, former employees of Bank of America have filed sworn statements about the bank’s unethical conduct toward borrower’s seeking loan mods or due process on...
Leon Lee
Is 2% rule a good measure for STR
Hi, BP family
I was recently thinking about a good measure on whether it is worthwhile to convert LTR to STR. I asked around and got different answers. Some say that your STR gross income needs to be at least twice a...
Justin R.
Should I crowd fund or Private money invest??
With elevated housing costs, and reduce interest rates, I am pondering investing money into crowd funding or private hard money loans? Can anyone with experience with either of these offer suggestions from their exper...
Daniel Hankins
Rent to Equity Share Idea
I am always thinking of ways I can run my rental business that is unique and deeply impactful for my tenants. I have a handful of ideas that I am interested in researching, but right now I am focused on creating a sys...
James Carlson
Call to action! Sudden shift in Colorado Springs' STR rules?
Short-term rental regulations in Colorado Springs took another sudden turn for the worse last week. If you own an STR in Colorado Springs or want to in the future, now's the time to make your voice heard. (See end for...
Nicole A.
LLC with rentals - Buy out, sell, other options?
Hi BP!
As a few of my fellow BPers know, lots has been going on in my life over the past year or so. I've been in the process of splitting up with my husband/partner. We are on good terms. Everything is fine. He has ...
Marcus Auerbach
2018 proposed tax changes
2018 is comming up fast and Washington is debating a tax reform bill. I have not heard anything local from Milwaukee or Wisconsin State level, but I would be curious to hear comments on the proposed tax bill on a fede...