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...
I am a newbie in BP and would like to get advice from the group. Situation: I live in California and I currently own a rental property in Indianapolis and preparing to get my second rental property. I talked to my CPA...
Hello all! I am a new member to the site. I joined to learn more about investing for my retirement, but I own a couple of large roofing companies in Washington state. I am not an expert in investing, but I know a fair...
I recently (...like an hour ago :mrgreen: ) went through this thread exploring the old argument between the cash flow guys and the appreciation guys.More specifically MikeOH and Nationwidepi (Mike and will) and off co...
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...