Brian Garrett
Question about the 70% rule
So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
Nicholas DeLouisa Jr
Is anyone else terrified?
Hi,So, I read the Ultimate Beginner's Guide, and I'm reading blog posts and listening to podcasts, and making a list of books to buy, and all of it is overwhelming me to a fairly large degree.Everyone talks about Anal...
Christopher Hand
Looking at where to start.....Priced out of local Market
Hello Everyone,Backstory:My wife and I up until recently have been buying and renovating homes and then selling after 2 years or so to avoide paying taxes on the gains. Well it looks like this last reno will be the l...
Dave Poeppelmeier
I escaped my J.O.B. with Real Estate!
I cannot believe the day is almost here. Tomorrow, December 5th, I will retire after 20 years as a Physical Therapist. Most people would say "I can't believe you're just leaving that career!" Yes, I received a B.S. in...
Justin S.
What to buy and where? Considering a 2 family in Brooklyn
Hello all, This is my 1st post. I have been lurking around for months reading all of the excellent information on the site. Its really fantastic a community like this exist. I am 36 and was fortunate enough to buy a B...
Jake Svirsky
Whats really considered a good deal?
When buying a house that you think has more value than what it's selling for, how much % cheaper is ideal for rentals?
Caleb Teachout
Stocks vs. Real Estate
Excerpt from a post I made on the stock investing forum "The Motley Fool." The audience is stock investors who are equally passionate and successful in stocks as the BP community is in REI. Many of them think going al...
Ivan Touevski
Hi all! I'm just starting out on a long distance investment journey (PA, NJ?)
Hi all,Just wanted to say hello to all and get myself motivated to engage some of the folks here.A little bit about me, I'm an engineer, have a family, live in NJ, and big DIY enthusiast. I have made a ton of renovati...
Nick Farrell
I don't trust my Financial Advisor, what should I do?
I've had a roth IRA and a mutual fund thru Northwestern mutual for just under 2 years. I'm 23, I wanted to get started early so I can buy a business with the money some day. I don't trust the guy that is in charge of ...
Pat Bahn
Best Self Directed IRA trust companies?
I am looking to do a self directed IRA, i was thinking of using
the "Equity trust Company" www.trustetc.com.
Their fees seem reasonable, the service seems capable, and they
are out of Ohio which is not a hotbed of f...