Will Barnard
Validate the 50% rule
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Russell Brazil
Be Careful If You Are Overleveraged
Many of us experienced folks on the forums the last couple years have been expressing concern about people being overleveraged and for strategies like the BRRRR method. Myself, @Jay Hinrichs, @Alexander Felice, @Joe S...
Josh Holley
Seller won’t return EM
Long story short - James Wise has an awful reputation here in the Cleveland area, but I have bought properties from him before I proceeded with another. Title came back with an encroachment. The roof is over the next ...
David Beard
Turnkey sellers - why are expenses ignored?
It seems that turnkey sellers are sprouting like mushrooms, not unexpected giving all the distressed inventory being snapped up.
Current practice by the largest turnkey sellers strikes me as questionable. Here are a...
Brian L.
My Wholesaling Journey-- hopefully this will be a LONG thread.
Hi all,
I am in the process of starting wholesaling. After a previous stint financing a couple real estate projects in '08, I petered out. Recently, I've since decided to focus again, but this time in wholesaling. ...
Account Closed
Realtors getting mad for asking them to do their job
First, let me clarify that I am not out to bash any realtors or the profession. I do not claim to know everything about real estate/ act like some guru. I'm just a noob who is trying to buy his first investment proper...
Hector Valadez
Out of State Investing for Californians?
Hi, my name is Hector and I decided to get into the Real Estate world last year. I live in Lancaster, CA and own a single family home rental. I have been a lurker on these forums and soaked up a lot of knowledge so th...
Amit M.
Why appreciation matters in the SF/Bay Area
check out this interpretation of the case-shiller index over the last 30 years. Basically several huge, long run ups, and a few short, minor corrections. Tricky and challenging to get in, but this is how you make the ...
Jacob Knowles
Why isn't everyone buying and renting mobile homes? what am I missing?
If you missed my other post. I am new and will probably have a few questions while I am studying and analyzing deals the next few days. One question I have right now is whats the down side to buying mobile homes for b...
Shiloh Lundahl
Millionaire - RICH or Middle Class?
I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...