Jason Schmidt
can someone please explain this 50% rule to me?
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
Account Closed
What is your WHY ?!?!?
I have a question for all of you BPersI am an active buy and hold investor and some months I ask myself why am I doing this again?I believe I do this because I do not have a clearly defined WHY to look to during those...
Wes Blackwell
How Universal Basic Income Could Change Real Estate Investing
The other day I was having a discussion with some associates about the upcoming Presidential Election, and one of them brought up the Democratic Candidate Andrew Young and his Universal Basic Income Plan called "The F...
Heather De lap
Water bill is very high and no visible leaks
So very long story shortened my water bill is extremely high this month. We average $35.00 a month and this month it was $151.20. The jerk landlord told us in a very nasty little note to check out water leaks which we...
Account Closed
Seller Fiancing as a retirement strategy
Quite often I hear people talk of seller financing as more of a last ditch resort when disposing of property that one might not be able to sell any other way. I'm sure that many of you have come across these kind of ...
Chase Cline
Should You Form a LLC for Each Individual Rental Property?
My wife and I just bought our second property and were considering forming an LLC for them. I just read something that said some investors opt to form an LLC for each individual property as a shield so that any lawsui...
Joshua Dorkin
** Forum Influence & Voting System **
10/23/12 UPDATE: The Influence System Has been Removed from BiggerPockets.
INFLUENCE & VOTING
We've established...
Mindy Jensen
House Votes to Abolish Dodd-Frank - Your Thoughts?
Of course, it still has to pass the Senate - and it faces an uphill battle there - but the House of Representatives has voted to abolish Dodd-Frank .What are your thoughts?
Justin Reyes
Would you liquidate your 401k to purchase your first property?
Hello my name is Justin Reyes and I’m 30 years old. I been working for a company for only 3 years and have about $30k vested in my 401k. I want to take it out and buy my first property to possibly hack or 1031 exchang...
Michinori Kaneko
Property manager pocketing late fees
Hi BP,I have used my property manager for about 9 months now, so far i've been happy with what they have been doing. I signed a contract with them back then, and every property which I have acquired and managed has b...