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...
Hey guys my name is George Yu and I love passive real estate. The idea of investing into something and then collecting mailbox money whether you feel like working or not is like having your own golden chicken as long ...
Every single time I'm in any grocery store, walking the street, or anywhere in a posh neighborhood, esp. the Bay Area, I think: * "Golly, gosh, gee, how do these people afford these wonderful homes?"* "What do I have ...
Dear Pocketers,
How do you harden / bullet-proof your rentals?
While I've never had anyone utterly trash a rental of mine, I've seen the damage they can do first hand (typically when buying the rental and seeing ...
Please help me look at my situation: My PM threats me that the potential tenants will sue my insurance company and me for not taking them because they have a pitbull. Seriously, my Property Manager threated me that If...
10 months ago I was driving up and down every road in this new town of Iron Mountain MI trying to get a feel for the quality of the neighborhoods and characteristics of the market. I still had a few weeks of college l...
I am a relatively new buy-and-hold RE investor at age 24 who is looking to make a career transition and who needs some advice. My long-term goal is to go full-time as an investor, but in the short term I of course nee...
Today, in Sept 2018 the Stock Market is at 28,000. An all time high. The average wage is $26 per hour. It takes 1,077 work hours to “buy the market”. That is, if you buy one share each of the stocks of the Dow, the co...
Alright so obviously if you do all the repairs yourself you're going to save a ton of money. Its great because you save money. Saving money is the key to living a great life.FORGET THAT!I just prepared and painted a s...
I am a 44 year old teacher who suddenly inherited property in San Diego when my father passed away unexpectedly. I have no experience managing tenants or property. The home is a single family home in the Clairemont ...