Ron James
Low Appraisal for a Turnkey Property
As a new real estate investor, I decided to ease my way into SFR ownership through turnkey companies. After vetting companies, I settled on two in markets I decided to invest in (1) Memphis Invest, and (2) Memphis Inv...
Brandon Hurlburt
First direct mail campaign
Finally decided to do my first direct mail campaign because I can't find any good deals on the MLS. Seems like any time there is a half way decent deal, something I would still try to get knocked down a good 15%, it h...
Rich Weese
Latest obama attack
obama received an award as man of the year from the newspapers guild over the weekend. No press was evidently allowed to attend(so much for transparency). Now today, a bill was introduced to allow the failing entities...
Taz Patel
My Tenants have complained of Mold and trying to sue me
Hello BiggPocket members,I have 2 bedroom rental in South Florida that rents for $850.month to an Old lady.See called me last week complaining about a mold smell in the property.I dispatched a Handyman that came back...
Carlos Ptriawan
the trend that company move to Texas
so based on these recent huge tech layoffs in CA, there's structural job changes that due to Fed Interest Rate, tech company can not longer operating in sustainable fashion in CA, so they have to move operation. Eithe...
Jim K.
Do You Understand How Ugly This Is Going to Be?
There is nothing sane about what you have to be prepared to do in order to make a start in this business. Please take that as a given. The only thing I can fully agree with Grant Cardone about is his statement that re...
Bill Gulley
Sandy Hook
I'm a gun owner and I own "that" rifle and "those" magazines, but the Sandy Hook incident has changed my mind. It's not just guns, but guns are part of the picture and such needs to be addressed. I had teachers that h...
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
Meryl McElwain
Wholesaling-how exactly does it work?
I recently heard a remarkable story of a wholesaler claiming they picked up a house for 32,000 and then turned around and flipped it to a contractor for 54,000 within a span of 10 days.
The story is true; which leads...
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...