Spencer Keables
Why would anyone get rid of a good asset?
OK this is a question that I have had in the back of my mind for a while, why would anyone sell a property that is cash flowing? I realize that some people might want to sell their property to invest in a better prope...
Dan Zambrano
Long time Investor Looking for general help on succeeding as Res developer
Hi Everyone,I am making a commitment to be more active on here, and going to try to post here a few times a month and also answer questions from my perspective for the younger investors.As the title suggests, I am a l...
Mike Hanneman
Cap rate
Hey quick question here is the cap rate the percentage of income compared to expenses?
Tyler Sherman
A few questions as I'm considering transitioning LTRs into STRs
1) Would anyone in the Charlotte area be willing to share their STR revenue and occupancy last year? Ideally for a 3 bed 2 bath home. I've reviewed some resources and Airbnb, but it would be hugely helpful to see some...
Account Closed
Is your real estate investing activity a "trade or business" or an investment activity?
I ask this question because there are real differences in what you are allowed to deduct, capitalize and report in these two situations.
Investors that are wholesaling and flipping are typically in the business of re...
Steve Sayler
Fired Prop Mgr, now getting charged with "Cancelation fees" - Is there a solution?
Owner Termination - Cancellation FeeSomething you never hear about is HOW can an owner terminate a Prop Mgr!. In my case I was fed up with lies and incompetence, and switched to another local Pro mgr company. but I a...
Sandy Uhlmann
Do I need a 1-800 number if I plan to work out my own notes?
I recently purchased some non-performing notes. I was wondering if a 1-800 number was an absolute requirement or if I can just have a dedicated phone number for borrower contact? Of course, I recognize that the 1-80...
Kellan Martz
New investor - Looking at Vegas and a few other markets
I am a younger attorney located in Los Angeles with experience in government and landlord/tenant law. I've decided to take the first steps into real estate investing with a business partner, also located in Los Angel...
Kyle Luman
Cash flow vs equity discussion in recent Podcast
I just listened to the recent BP podcast with Dr Benjamin Aaker and Dave Meyer from a couple of weeks ago.https://www.biggerpockets.com/blog/real-estate-1045There was a section where Dr Aaker talks about focusing on e...
Samuel Coronado
Looking at another park
I have another one I'd like to discuss. This is 5 mobile homes and one building being remodeled as a storage unit. 4 park owned homes and 1 tenant owned home. The POHs are $800 a month and the TOH is $300/month. Gross...