Emily Sulliban
50% Rule- Is it Really a Rule?
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...
Shane H.
Publicly SHAMING an evicted former Tenant? Do it or not?
I've been a landlord since 2006. Up until now I've never had to evict a tenant. I've had people owe me what I would consider decent sums of money however always treated those tenants with respect from our first inte...
Andrew McManamon
Investing in Bitcoins
Hello BP,
I’ve seen numerous investors preach to invest in bitcoin. I thought I’d ask the BP community on whether or not it would be a good idea to do so. Some people say it’ll be a “trend” that’ll end, others say the...
Riley C.
Debate: Buy or Wait Given Looming Economic Recessionary Fears
Hi BP,I've set out a goal to purchase my first property before my current lease ends in April. I'm currently renting in Chicago and I'm looking buy a multifamily property in certain up and coming areas in inner city C...
Account Closed
Zillow officially enters the house flipping business...
The full story is on Bloomberg.com here: Zillow wants to flip your house should you want to read all the details.For those with TLDR syndrome the gist of it is:Zillow has now joined the ranks of high tech real estate ...
John Kim
How do you keep buying rental property when you run out of down payment money
So my problem is that I have enough money for a down payment for 1 more rental property.Once that is gone, I have no more money for any more down payments.I work a full time w2 job so i can't spend the time to flip a ...
Rodney Lorenzo
The bad neighborhood I invested in may kill my investment
The urge to get into real estate pushed me to invest in a 6 unit building in a neighborhood that I didn't think was that bad. I thought, the cash flow could be good so why not. This was a year ago. Now, my PM is strug...
Marcus Auerbach
What they don't tell you about cheap rental properties
It all sounds so perfect: you can buy a house for cheap, have someone else fix it up for you and then rent it out for great cash flow. You run the numbers (on a BP calculator, they are really good BTW), you read the f...
Carlos Flores
Fed bames investors for housing bubble. Thoughts?
What do you think about the following AP story from The Register-Guard, Eugene, Oregon, USA?
--------------
Federal report says home-flipping drove the housing bubble
By Cristina Silva
The Associated Press
Publis...
Lynn McGeein
Sea Level Rise & New Climate Assessment
Article on key findings of recently released National Climate Assessment:
http://www.climatesciencewatch.org/2014/05/12/2national-climate-assessment-key-findings-part-1/
Interesting map on U.S. coastal ...