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Results (560)
Chris Pasternak 50% rule question
21 November 2013 | 12 replies

Hey guys! Sorry if this is naive but I figured this is the place to ask my "stupid" questions. How often would you say the "50% rule" of expenses applies in real life?

For example, how many years say in 10 ...

Nick Rutkowski New lending standards, what’s your prediction?
21 April 2020 | 62 replies

I’m hearing on the internet, television, and BP the lending standards for big banks are starting to change. Some theorized prices for housing will fall, others think nothing will happen and we’ll all go back to our on...

Heath Bressette New member from Albany, NY
17 May 2015 | 11 replies

Hi Everyone,I've been reading/learning from biggerpockets for a while now. Recently moved to the area about 6 months ago and coming from central New York I have found the market to be noticeably more expensive here in...

Account Closed What made you choose REI, and what kept you going?
16 June 2010 | 5 replies

I thought it might be interesting to see what made many here decide they wanted to be Real Estate investors in life. I also thought it might be interesting to know how long they took to get up and decide to do their f...

Adam Jaken What part of the country is there a better return then 6%
9 October 2016 | 39 replies

Hi guys and a happy Friday to you all. I would like to start off by saying i love this site and all the posts people put up! I have recently been reviewing a lot of posts and it seems like a lot of you are receiving ...

Ndy Onyido Revisiting Detroit: What is the TRUE situation?-Opinion Needed
27 January 2015 | 56 replies

I know you will all say…..’not again!’. I know a lot have been written about Detroit; either on this site or elsewhere…I have read all the posts……..its went through the largest bankruptcy in the recent history; it’s ...

Mel Park Rehab and Flip: Just can't get my 1st deal
28 December 2022 | 16 replies

About me: 47, family, did well in my small-business life for 20+ years, up until about 2019...grrrrrr. Luckily have a decent nest egg, barring major depression scenarios, I think I'll be 'ok' with a a few lifestyle cu...

Masud Khan 15 or 30 year mortgage on 1st rental?
8 January 2020 | 31 replies

I’m in the process of buying my first rental property. My credit union is offering 3.1% on an15 year while another lender is offering 4.87% on an 30 year for investment properties. I’m 46 and aim to retire by 65. With...

Marcin Nurek Broke lease terms on day 1
12 August 2016 | 18 replies

Back in June I have received a security deposit and in July first month payment for a lease starting on August 1 move in date. On August 1 I was informed by the tenant she is breaking the lease due to some family issu...

Patrick Kaiser It's all about the price right now
26 May 2022 | 8 replies

A few months ago, buyers preferred higher end finishes and were willing to pay a premium in almost all parts of town to see really nice stuff. This is in part what was driving prices up so wildly. Flippers were puttin...