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While listening to Barbara Corcoran she emphasized the need to have other income while building your real estate holdings. I wonder how many actually live off rental income alone without having put in years of buildin...
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Dude, this is a symbiotic relationahip. Trying to start my new REI project, a flip in Milwaukee. Trying to negotiate with a contractor to budge on the plumbing costs, he wants 10k to pipe a 2,200 sqft. duplex, I need ...
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I was just reading Ben's latest blog post and he brought up some real numbers after owning 100 doors. His experience has led him to the conclusion you need to get $1000 per month(sfh) in order to cover expenses and st...
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I'm looking to see if we could compile a list of the top 5 mistakes made by landlords. I'll throw out a few and hopefully we can come to some kind of consensus.
Note - to all who participate,...
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I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
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Every day in the forums it's the same thing. "I'm just getting started and I've analyzed a ton of deals (never seen any in real life) in several markets that are nowhere near where I live because where I live there ar...
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Hey everyone!First, thank you so much for all the support after my recent Podcast episode and the recent BiggerPockets release of the 2nd Editions of The Book on Flipping Houses and The Book on Estimating Rehab Costs....
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It looks like Clayton Morris' (Morris Invest) House of Cards is finally starting to crumble. This article just came out today.https://www.indystar.com/story/news/2019/03/26/fox-and-friends-clayton-morris-investment-re...
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The role of the Appraiser is an odd one: Way too much art (opinions) and way too little science (data-analytics), with way, way, way too little accountability. While the world embraces tech tools to automate workflow...
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Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...