Can someone please tell me the 'rule of thumb' when evaluating a property for rental? Or better yet, what is the '2% Rule and the '50% Rule'?
I'm looking at a potential deal tomorrow and I'd like to get my numbers rig...

Hey everyone, over the last two years or so I have been trying my hand at wholesailing with no real success, now I was at one point in time one of those newbies who was gullible enough to believe that you don't need a...

Hey guys,My question is "how realistic is it to get to 30 properties in under 5 years?" I did the math and if I can get an average of $200 in cash flow per property, this will allow me to live more than comfortably. I...

Hi Everyone,We know that there are a lot of folks out there with suggestions for improving the mobile app for BiggerPockets, including a sizable audience out there looking for an Android App.Right now, we are focused ...

I keep thinking to myself the following statements: "Somebody else out there already scooped up all the great bargains."; "There's no more income to be generated."; "I won't be able to rent it out."; and "I'll default...

Hey guys - Quick question: our son is buying his first place (condo) and I talked to him last night about it. It's in escrow. Asked how things were going Etc....He said that they really wanted to get in there just rea...

Been checking out a number of data sources recently - some paid like neighborhoodcout and quantmaps. I've been asking myself what best practices should be for due dillegence packets that turnkey providers have.
One t...

My Fiance and I own a single family home and rent two upstairs bedrooms out to two roommate/tenants on month-to-month leases.  We did not collect security deposits from either tenant, and instead wrote up explicit "mo...

We are looking to build a portfolio but don't quite have the resources to pay cash and/or finance another property this close to our last deal.  Is seller financing a good idea to pick up a foreclosure in a location w...

When buying a list for absentee owners from list source, are the phone numbers included or will those have to be skipped traced?