I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...

I've had others ask me if there are many deals done on BP between members, please, share your completed deals, contacts you've made that are going to result in a definite deal, etc., or information other than ...

Just watched this show with my wife last night. It made me think of the quote the rich get richer but I'm still pretty skeptical. The show basically went as follows:If you have 300k cash to spare go buy a foreclosure/...

Good morning everyone (it is morning for me and most likely this post will appear when it will be morning for you)... Yes I am from a far-far-away land called MADAGASCAR (and no, there are no penguins, lions, giraffes...

My wife and I are new to this whole REI thing and are learning as we go.  We have started to look into wholesaling and have seen many success stories and advice on how to complete the process from start to finish.  Th...

Hi everyone. I've been reading and listening to podcasts and hear about all these folks that build these huge portfolios within just a few years. What I can't make sense of though is how can one keep accumulating prop...

I thought I would post a recap of my first flip, a deal I thought was a slam dunk but didn't turn out to be in the end. The house directly next door, which was identical to mine, sold for $105k earlier that year and t...

Hello - I am trying to do my first wholesale deal.  The property is in Indianapolis which is where I live and the owner lives in California.  We agreed on a price, so I filled out and sent him the contract and he is p...

Under contract for a 3-unit mfr in Cleveland. My first purchase. Purchase price is 177K.Appraisal is 138K.I cannot make up the difference with cash since I'm already at the top end of my purchasing ability.Is ordering...

I want to preface this by saying we've been Airbnb hosts for almost 2 years, and this is the first time we have had a huge problem like this.  For the past two nights we have had people staying in our basement which i...