Xu Weng
How has 1% rule play out in high interest rate world
I am just starting out and looking for 1% rule in my area. I found it already difficult to find. With interest rate so high - 7.2% in my case. Can 1% rule still cash flow anymore ?
Cassandra Sifford
How do you tenant screening with a scoring system?
Good day BP fam!!! I have an open house this weekend to show my 1st investment property ... #HYPE!!! I've gotten so many calls, messages and emails with interest, but I'm sure I'll get plenty of unqualified candidat...
Chris Evans
Atlanta Metro April Statistics
I compiled this for my database this morning and thought y'all might benefit from the data. The market has exhibited a mix of seasonal patterns and broader economic influences. The median sales price saw an increase o...
Sean Brauneller
Akron Single Family Buy & Hold (Live in)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $151,500
Cash invested: $8,235
Contributors:
Frank Ruma
3 bed/ 2 bath ranch, attached 2 car garage,...
Jeremy H.
Seller Financing - How to structure deal?
I have been looking into seller financing recently and came across a few opportunities where the seller is open to it - one of them in particular is an investor himself (old guy getting out of the business) and is ope...
Latoya T.
How to complete a major repair and purchase within the same year
Happy Wednesday The Issues are 1) I have a a major repair to pay for of 50k. 2) I want to buy a 4-door and 3)I want both to be accomplished this year. I am not sure of the order in which to accomplish this or the best...
Mike Cross
investing in NYC vs New Jersey
Hi! I'm currently in the process of buying my first multi family home for under 650,000 in Cypress Hill Brooklyn. I've noticed the value of homes keep going up every year there for the last few years and already kind...
Scot Burns
Is Paying A Price For A Valuation That Was Only Recently Achieved With New Leases OK?
TLDR - does it make a difference to you if a commercial property is being offered at a multiple when all of it's leases are less than a year old and only for a year and previously rents were 50% lower.I'm looking at a...
Harry Shmelts
Family member is offering to sell me home for $100k+ under market value
I have a close family member who wants to move out of their home and offered to sell it to me for a major discount. I am wondering the best route to take on a situation like this. As far as paying the least fees since...
Lawrence Porter
Bonus depreciation has been reduced to 80%
Yes, there has been a change in the tax law regarding the bonus depreciation percentage.Previously, the bonus depreciation percentage was 100%, allowing businesses to deduct 100% of the cost of qualified assets placed...