I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
I was informed today by my property manager that he keeps all the late payments when tenants pay rent late. Is that the norm or should I contest this? I know it could probably go either way and depends on what is in t...
Hey BP!So In my continued research into real estate investing, I came across Turnkey Investing. They offer a lot of positives for the investor who is just starting out or is looking into part-time investing. I know ac...
Hello BP,I am going to do this thread as a thank you to all the help I have recieved from others on this site, and I am hoping it will help others to see me go through this process.Intitial closing and lessons learned...
Hello everyone, I'm curious to know how much time are you guys spending on Bigger Pockets? I realized that this is a great way to network and find cool deals.
I purchased my first flip property this past March, and every possible thing that could have went wrong, has managed to show its face throughout this problem. This particular property had the potential to bring in clo...
I think its pretty safe to say that most people have their own opinion on the level of screening that tenants require in their market. Most people would run a credit check and possibly a background check.
Personally,...
Hi, I am 16 years old and I want to get a rental property, but I don't have enough money yet, and I will soon have a job that only makes me $15 an hour, so I have considered getting a partner, but where do I find a pa...
Hi BP. Not too long ago, I took an opportunity to learn a bit about foreclosures. The information sounded interesting at the time, but now that I think about it, I'm having trouble making it make sense.So, say you obt...
I have always looked for 15 year in the past but am wondering who here primarily does 30 years?Obviously, they'll cash flow better, but you pay a ton more in interest on the backend. My whole thing in real estate has ...