Andrew Curro
Do you still use the 1% or 2% rule today?
Do you still use the 1% or 2% rule to evaluate investment properties? I will be looking for properties in capital region NY. Based on podcasts and zillow research, it seems that there are less properties that meet thi...
Trevor Grogitsky
New to real estate and looking for help!
I am a 21-year old who has made a living online since the age of 13. I recently became fascinated with real estate whilst talking with my grandparents over thanksgiving dinner. We together are looking to start investi...
Jim Cousino
Financing Fear! (don't want to screw this up)
Hello BP community! I am a first time poster/contributor. I have been reading REI books, researching, listening to podcasts, and window shopping. The current times present increased opportunity and as such, I think th...
Paul C.
Deducting Origination Costs on Line of Credit
Does anyone know how you would deduct the costs of obtaining a line of credit? For example, let's say I get a line of credit and I pay the following fees:Attorney Fees: $500Origination Fees: $750Title Fees: $1,500Cou...
Ericka G.
Buy or Pass? Possible Foundation Issues...
Let me know what you think of this deal...it's a tiny bank owned 2 bed/1 bath cottage. They were initially asking $31k and I got it under contract for $20.9k, I asked for another $5k off after the inspection and the ...
Irakli Khakhviashvili
Analyzing local area
Hello,
I am starting to analyze properties to practice my skills and get better at spotting good deals for long-term rentals. I have decided to start looking for properties in my area New Haven CT. But I am having ...
Christopher Lee
Hello from Atlanta!
Hello everyone!My name is Christopher Lee. I have no background in Real Estate as of yet. I currently reside in Atlanta as stated in the Subject, as well as multiple other places most likely, and I also happen to be a...
Abdul Azeez
Are real estate books selling over optimism?
Hello Folks - I just finished several different real estate books including rich dad, poor dad and Investing in duplexes, triplexes and quads. In general I think they are painting a very rosy picture and paper numbers...
Jason Krawitz
ROI vs. ROE - When to re-evaluate a rental property?
Let me paint a fictitious story for you to illustrate what I'm trying to ask. 10 years ago, I buy a property for 80k cash that rents for 1200/month. I'm happy with this ROI as I'm earning 1.5% of my investment each mo...
Braxton Miller
Newbie from San diego CA
Hello, my name is Braxton. I am from Bakersfield CA, but i moved down into San Diego a few years ago on military assignment. I currently am an aircraft mechanic by trade and take great joy in it, however i have gained...