All Forum Posts by: Steve Smith

@Charles S.

In my humble opinion I would find no problem asking for the info you need to analyze the property correctly. The job of the realtor is to sell the property for the owner that how he makes his money

Hope this answers your question

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Steve

@Charles S.

The 50 % Rule States: That 50% of gross scheduled income (GSI) goes out over time to cover expenses not including debt coverage.

The 1%, 2% and the 50% rule is meant to act as a quick analysis tool, to insure the deal is actually deal. Always, I repeat ALWAYS do a full and complete analysis on a deal and NEVER NEVER ever purchase a property just based on any of these so called Rules.

You may be very sorry that you did

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Steve

@Account Closed 

Welcome to BiggerPockets, the site I consider to be Best for Real Estate on the web. You will find a lot of great information along with good and knowledgeable people that are willing to answer any of your questions.

Check out the“Learn tab above” and download a free copy of “The Ultimate Beginners Guide to Real Estate Investing”. You can listen and follow the “BiggerPockets and the #AskBP podcast, and the forum and blog. Be sure to sign up for the weekly webinar they contain plenty of information for both the new and experienced real estate investor

Before moving to Florida I lived in Revere  and Kingston Mass

Make it Happen

Steve

@Paula Naranjo

Welcome to the BiggerPockets Family

Make it Happen 

Steve

@Brian McKelvey

Welcome to BiggerPockets, the site I consider to be Best for Real Estate on the web. You will find a lot of great information along with good and knowledgeable people that are willing to answer any of your questions. 

Check out the“Learn tab above” and download a freecopy of “The Ultimate Beginners Guide to Real Estate Investing”. You can listen and follow the “BiggerPockets and the #AskBP podcast, and the forum and blog. Be sure to sign up for the weekly webinar they contain plenty of information for both the newand experienced real estate investor

Make it Happen

Steve

@Victor P.

Welcome to BiggerPockets, the site I consider to be Best for Real Estate on the web. You will find a lot of great information along with good and knowledgeable people that are willing to answer any of your questions.

As a new investor I would Check out the“Learn tab above” and download a free

copy of “The Ultimate Beginners Guide to Real Estate Investing”. You can listen and follow the “BiggerPockets and the #AskBP podcast, and the forum and blog. Be sure to sign up for the weekly webinar they contain plenty of information for both the new and experienced real estate investor

Make it Happen

Steve

@Benjamin Eccles

The 50 % Rule States: That 50% of gross scheduled income (GSI) goes out over time to cover expenses not including debt coverage.

The 1%, 2% and the 50% rule is meant to act as a quick analysis tool, to insure the deal is actually deal. Always, I repeat ALWAYS do a full and complete analysis on a deal and NEVER NEVER ever purchase a property just based on any of these so called Rules. You may be very sorry that you did

Make it Happen 

Steve

@James Santana

Welcome to BiggerPockets, the site I consider to be Best for Real Estate on the web. You will find a lot of great information along with good and knowledgeable people that are willing to answer any of your questions.

As a new investor I would Check out the“Learn tab above” and download a free copy of “The Ultimate Beginners Guide to Real Estate Investing”. You can listen and follow the “BiggerPockets and the #AskBP podcast, and the forum and blog. Be sure to sign up for the weekly webinar they contain plenty of information for both the new and experienced real estate investor

Make it Happen

Steve

@Cynthia K. Anderson

If you are attending classes with a guru do your self a big favor "Leave you checkbook and credit cards at home 

@John Mascarenas

Welcome to BiggerPockets, the site I consider to be Best for Real Estate on the web. You will find a lot of great information along with good and knowledgeable people that are willing to answer any of your questions.

As a new investor I would Check out the“Learn tab above” and download a free copy of “The Ultimate Beginners Guide to Real Estate Investing”. You can listen and follow the “BiggerPockets and the #AskBP podcast, and the forum and blog. Be sure to sign up for the weekly webinar they contain plenty of information for both the new and experienced real estate investor

Make it Happen

Steve