David Oldenburg
Wholesaling Caution Not The Great Deal You Thought
I wish there was a State or Federal license required to wholesale and pitch wholesale deals. I see countless "deals" that are not deals, or even close to being a deal. Many of these wholesalers have no real estate ex...
Tyler Caglia
Discovered BP, Then Bought 3 Long-Distance Props In 14 Months!
Background:
I've always had an interest in owning rental property, but due to living in CA and my inexperience I had assumed it was only accessible to those with significant cash in the bank, so I figured it was som...
Joe Pearson
No Reserve + Need Tenant to Afford Mortgage = Too much risk?
So, I'm planning on purchasing a duplex or triplex within Manchester, NH, but my fiancee and I can only afford an FHA Loan 3.5% down and 4.85% interest, 30 yr mortgage, and that will leave us with practically no reser...
Robert Kough
Water leak from meter to house. Does owner or tenant pay?
Ok so there was a water leak about 5 feet from the meter outside of the home. The tenant notified me of the leak 27 Jan and it was fixed 3 Feb. I spoke with the water company and the leak began during the billing cy...
Matthew Mucker
Where does the 50% rule come from?
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...
Dexter Wallace
Turnkey Real Estate Investing
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...
Ryan Goff
Grocapitus - Anyone have experience with them?
Hello,Has anyone worked with Grocapitus and were their revenue estimates accurate? Any comments on things worked out? I tried searching the forum expecting to find something but was having trouble. Please PM if you've...
Julie Marquez
Unhealthy Frugality Disease
Blame it on the holidays, consumerism season, or the purchase of my latest rehab project, but I've been thinking a lot about my relationship with spending money. I have this unhealthy relationship with healthy money m...
THU NGUYEN
Using Money to Buy/Rent Out or Lend out as Private Lender
Hi BP members,I need help analyzing the follow:In Houston Rental market (suburban), most will follow the 1%...so here is my calculation for getting a rental house that can rent out for $1500/month, at $150KMonthlyRent...
Noel Alpert
kathy fettke real wealth network
Has anyone used the "real wealth network" to buy any properties? I have listened to a few of her podcast and it sound pretty good. Has anyone had any dealing with her? and if so can you let me know. Thank you in ad...