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...
Hello, What have you done what do you prefer? What are the pros and cons of both? Have you guys bought real estate (multifamily or single family) in cash and rented them until you saved up for your next investment to...
I’m so excited because I just closed on my 10th out of state unit today! I did my first deal ever exactly 10 months ago, thanks to the Bigger Pockets podcast, a lot of library books and a lot of good people. Before th...
My BP Landlord Community,
One of my tenants messaged me and told me that she won’t be able to pay her rent on the due date. She will need two weeks extension. She sounded very confident as she had done someth...
I'll start from the beginning, because there are lots of little details I need to explain in order for you guys to fully understand the situation. (All names are substituted by fake ones for privacy reasons.)In April ...
In what had begun last holiday season with me giving away a duplex to a deserving BP member, I want to carry on the tradition.. This year I have a SFR in St. Louis it is in need of rehab.. However it can be a great st...
If you had a million dollars and it was the only million you had sitting in a money market account drawing less than 1% per year how would you invest it?
Hey all, I am relatively new to the group. I am very impressed with the experienced professionals here and am glad that I stumbled upon this site. I am a seasoned real estate attorney and enjoy not only practicing la...