If someone wanted to build a wealth of empire and was 26 years old who worked full time making 50k gross a year what step by step plan would you recommend they do to achieve said goal?Every 2 weeks I can invest and ut...
The five year plan is 360K gross revenue a year - so before taxes, operating expenses, etc. So the question is: what would this business look like?Conservative estimate is that 10 rehab/flips a year, as well as a buy&...
Hello everyone! My name is Tamika Gross, a Realtor with The Agency! HAUS, primarily serving the Central Mississippi area. I've joined BiggerPockets to expand my knowledge and pursue my interest in becoming a real esta...
Hi All,
As a licensed REALTOR in the flipping business do you all still use the 70% rule when considering buying a below market value property?? For example a property ARV is 200K and needs about 25K in repairs what ...
Hello! I have logged into BP maybe 3 times in my life but today I went to post something and a draft post came up from 2020 when I was trying to buy a rental home. I typed it out and never posted it. I have attache...
Have a duplex in Jacksonville and looking for a short term rental manager. If you know of anything or anyone let me know. Thanks
Hi I'm looking to invest in a property that will generate some cash flow preferably in Florida. This will be my first investment property. I currently have about $60k to put down. I've been looking at properties in...
BP TeamI have an opportunity to obtain a seven acre plot of land that has a proven turn-key Airbnb that produces on average 7K (Gross) a month in rent. The property is in an ideal location for immediate future (2-3yrs...
Looking to do a portfolio loan on my properties. I need $260,000 to to purchase more duplexes etc. Having problems because I have: 7 duplexes that cashflow at $1100 gross a month but are worth $30,000 each. $210,000SF...
i have a one month vacancy between previous tenants and new tenants - how do i determine (for tax purposes) my vacancy expense during this time frame ? is it simply the foregone rent because the property is empty in ...