If you had to guess, what is the success rate in real estate investing? Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...
Hello BP, Recently I've noticed my motivation to do things is declining, and after a serious self-evaluation, I've come to realize that a lot of my lack of motivation has to do with my fitness and eating habits. Does ...
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 BP nation! My question for BP nation is what is your day job? Although we would love to be, most of us are not yet full time investors. As I grow older and try to figure out the direction of my career, I love ...
Hello Bigger Pockets!My main question is how much money do you leave in your rentals? I've got one rental property worth $280k, about 60% LTV (115k in equity). I just closed on my first "Live in Flip" and I'm moving i...
Let me start by qualifying the title of this post with a couple statements. First, I’m not talking about your neighborhood specifically, although given a long enough period the title is likely to be very close to app...
Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.
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...
I was born and raised in CA. It's so heartbreaking to see what is happening to it. A recent poll says that 46% of the people plan on leaving the bay area. Let's do our own poll (FOR CALIFORNIANS or those that recentl...
Hey Guys I was on another forum and Tim Gordon posted something that really struck me. He said " At this stage of the market, those who can't succeed teach." This is something that I wholeheartedly agree with and some...