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...
Three states passed state-wide rent control laws in 2019, California, Oregon and New York. Other cities such as New York, San Francisco and Washington D.C. have had rent control policies in place for decades.
"Over t...
Hey everybody, noobie here again. I have been reading like crazy and like everything, there seem to be 100 different discussions, opinions and thoughts about everything in this business.I have been reading about CAP r...
I see a lot of negative comments about wholesaling on here for some reason.
So I was just curious is there any wholesalers consistently closing 2-5 deals per month ?
If so maybe you can shed some light on your success
I am constantly hearing "Get a REAL job". so i dont talk to anybody anymore. I am glad i found this group, now i can read, see what others are doing, and make connections. "get a REAL job" i inwardly smirk now cause i...
I could use some words of encouragement. For over 2 years, every moment I can steal away from family and my business, I look at homes to try and start my portfolio. Mainly looking for some to Brrrr at the moment. It s...
I live in San Diego, CA and have been looking for options locally but the numbers aren't adding up to my planned budget. I have been looking out of state at cheaper multifamily homes and those seem to bring the cash f...
I just sold my 3rd deal but 2nd fix and flip with DoHardMoney.com! I made close to $50k in profit!! They are a great company and I am looking for my next deal to continue using them. They made themselves available ...
Hey Guys and Gals,
This is not your typical post on BP but, since y'all are going to be similar to me and looking at things from a financial sense I would like to hear your opinions. And a lot of you have exp...
Hello fellow investors, I am currently using Farmers and Foremost Insurance. However I ran a few quotes on Obie Insurance (geared specifically towards landlords) and for only the 4 houses I checked, I am saving 1,5k a...