I’m interested to know what your wholesaling conversion ratios are and what ratios are prototypical. This topic has been covered in other forums, but I feel that the actual ratios were hardly even talked about. I few ...

I recently purchased a 3-unit property and live in one of the units. It's currently a 2 Bed/ 1 Bath unit, but it's 1400 sq ft. and there's a TON of space that could easily be used to add another bedroom, bathroom, or ...

Right now we have a separate business checking account (a sole proprietorship) for receiving payments from our property manager. However, I read a post (which I can't find anymore) that seemed to suggest it was better...

Theoreticly would it be a bad move to take a basement living area and convert it to a bedroom? the homme in question has 4 bedrooms and 2 living rooms.My plan is to add a door and a closet. makint it a 5 bedroom home....

Hello everyone,I am curious what percentage profit everyone looks at when they are buying a deal.I currently have 5 properties(1.3M equity) that gross $5700 a month then after expenses I’m left with $2636.Is this a go...

I believe that it's in the BP charter that every member is required to start a thread about either the 2% rule or the 50% rule at some time. So here's mine.Does anyone know when and where the 2% rule was first stated?...

I have a NNN Lease property that is being offered to me at 2.5 Million in New York. It is a 12 unit property and the existing lease is for 5 years with the option on the tenant to renew after the 5 years for an addit...

Hi all - I'm newer to REI, and am working on my first deal. We were close recently, but lost the deal. Here's the story:4BR, 2BR property in a B neighborhood with lots of rentals. I estimated the property could rent f...

hi allwhere do you think is a good place to buy and hold rental property in metro Detroit?i would say in the range or 50k-80k what returns would be reasonable to expect?thanks

Hello everyone, I just have a question roi year one. I found this property and my roi would be about 7% year one, but the property is renting under market rent. So I could make minor improvements increase the rent and...