Will Barnard
Validate the 50% rule
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Nick Sansivero
Credit Inquiries. Do they really lower credit scores?
I'm currently in the process of getting pre-approval for my first mortgage (thinking about an FHA 203k for a triplex owner-occupy), and I have a question about credit inquiries. If I want to shop around with 5-10 di...
James Wise
Why do people Buy Property in California
Do people still buy property in California for any reason other than the weather? Seems like everything else about California sucks. High taxes. Soft on crime. People just stealing whatever and whenever they want. Hom...
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...
Sara Martin
The $5 Sandwich GOLD
I am a young person constantly seeking personal and financial development, I'd like to share some encouragement with those in this community whom share that same passion!Graham Stephan, a young and established real es...
Renee Ren
Where to buy 1st out of state property?
Hi folks, I'm interested in buying 1st out of state property since CA is too expensive. Looking to buy SFR or small multifamily (2-4 units). Need financing or I can do HELOC out of my own property. Price range is bett...
Martin W.
Rookie investor - tax and legal advise
Hi investors,I'm a rookie investor out of California who currently owns two out-of-state single family turnkey rental properties in Indiana. I'm hoping to expand my portfolio this year by one or two more properties. B...
Eddie P.
Why do investors buy HOA liens at auction?
I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...
Mike D.
Mortgage Assignment Contract Overview?
I have been inquiring about this new method of real estate investing. Is there anyone here on BP who's familiar with doing Mortgage Assignment Contracts? If so what are the pros and cons? I want to start doing this be...
Will Barnard
The Truth about Wholesaling!
There are so many people and companies out there who claim to be wholesalers and many more newbies who claim to want to start out in wholesaling as a means to get started in the biz.
Let me tell you about a recent ex...