Hello BiggerPockets Forums,This is my very first post with BP, but I am ready to reach out and learn about what REI has to offer. To give some context of my plan/vision, I will be moving out to Denver, CO in the Summe...

Can someone give me a definitive answer on the 50% rule? I understand the concept, that your expenses should only equal 50% of your gross rent in order to get positive cashflow. But which expenses are included in th...

Wow! Our last poll had over 700 responses! Because I think the last poll generated a ton of interest, I'm going to start doing this regularly until someone stops me or I run out of questions to ask :) This week, the p...

Hi all,

I recently got my real estate license in December. I helped a client buy a home and is scheduled to close next Tuesday. Everyday I'm worried it is going to fall through because of the mortgage but tha...

I have a co-tenant leased my property. One of them moved out and filed bankruptcy chapter 7 months ago without noticing, the other one still occupied and been paying monthly rent on-time.

Should I terminate the leas...

Hi BPersI have been on this site around a year, and had great help from lots of members here. What i noticed many ppl post their success stories how they started, how the bought their 1st property and then grew a nice...

You've probably heard the "would you rather" scenario about being offered $1M or a penny that doubles every day for a month, right?
Well, consider this little twist…
So, in case you haven't heard, a penny that doubl...

Can a “subject to” transaction be done safely? There’s been a LOT of “hostility” on BP toward subject to transactions.  Some posters have gone so far as to call these transactions scams, questioning the legality, mora...

I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...