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Results (1384)
Matthew Mucker Where does the 50% rule come from?
1 May 2021 | 300 replies

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...

Fitzgerald Hall My $52,996.25 wholesale deal complete!
2 January 2016 | 135 replies

Hello all,I finally have my own success story. I guess this year alone has been a bit of a success story but Ill spare you and only discuss my most recent success, a 50k wholesale deal. I have been working on this dea...

Cameron Norfleet Ethics & Discrimination…. A question of Right vs Right!!
24 April 2015 | 152 replies

Ok so I was having this debate with a local landlord and I’d like to hear your opinion…. You charge $25 for your application fee. You show the house to a nice couple and they want to apply but they don’t speak, read o...

Twana Rasoul If you are starting out, DO NOT pay for mentorship
15 July 2021 | 212 replies

It is pretty amazing to find just how many people are offering "mentorship" for 10s of thousands of dollars to newbies who want to get into real estate.  What is more amazing is the amount of people actually buying th...

Ashley Gish Student loans or investment property
24 February 2023 | 172 replies

Together my husband and I have almost $200k in student loans with a significant portion of them being at 6% interest. 53k of that is at 6.8% and 7.2%. We currently live and work in Oregon and are interested in getting...

Robert Frazier The morality of short term rentals
2 June 2022 | 114 replies

This is just a question I’ve been wondering as we deal with a huge housing crisis in our city.is it moral to convert properties to short term rentals in a city with a deep housing crisis?if a city has 500 units conver...

Rich Lennon The Government Nationalized My Rental Portfolio
30 May 2020 | 79 replies

I am still at a loss to understand how the government has gotten away with Nationalizing my SFH rental portfolio in the blink of an eye.  When Donald Trump announced that there would be no evictions on any federally b...

Will Barnard The Occupants from Hell!
16 April 2019 | 838 replies

I am currently dealing with some occupants (who are no more than squatters) and getting them out so I can get in and start the rehab has been a daunting process. Typically, I get them out with cash for keys and it is ...

Greg R. Housing crash deniers ???
14 January 2023 | 2904 replies

Unfortunately I've been away for a few months while taking care of some personal matters, so I haven't been able to keep up on discussions. 
However, several months ago there were ample amount of folks here insisting...

Nicole Pettis This isn't easy...
4 September 2016 | 80 replies

Many say grit and persistence keeps us going. @Engelo Rumora  reminds us to be willing to keep going when you don't think you can keep going any longer. And I've learned that its about the relationships that you build...