Am I all alone here? People in my area can make $50/hour. Now, if we extrapolate from this, 50/hr x 40 hours/week = $100,000. Many of the people are dual income families. So a couple makes $200,000 per year. How ...
I know: turnover is the biggest expense. But let's be more specific. Is it:1. Time sitting vacant during turnovers?2. Losses due to excessive wear-and-tear?3. Maintenance or capex?4. Expensive property management?5. M...
Greetings all! I've been lurking and soaking in every word of information in these forums and site. It's been an invaluable resource as I seek to fill a new vacancy in my recent rental. I set the BP standards in my li...
This week we've got another great new Podcast featuring a familar face from the BiggerPockets Forums, Brian Burke. Brian is a full-time real estate investor that currently has hundreds of rental units and flips more t...
I have been reading about the 2% rule but seriously questioning its accuracy. I got a great deal on a house in a desirable area of Austin for $297k. The rental we are getting is high ($2500) for the area. However, acc...
This is a 2-parter. 1. I'm a real estate investor and property management company owner in Austin. I know Austin; I don't know other markets. I'm now looking to buy a SFH in another city and considering San Antonio, B...
It's been said that those who cannot learn from history are doomed to repeat it. There's so much discussion out there about a possible crash, with many experts weighing in on both sides of the debate. My question in...