Thuy Pham-Satrappe
Do you invest in high crime areas?
For those of you who actively choose to invest in high crime areas, what do you make sure to factor into your numbers? -higher vacancy-higher possibility of turnover -hiring a property management company with skill an...
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...
Jay Hinrichs
OK who has received all or most of their rent this month ?
I will start my two rentals paid one was actually 3 days early.. tenant works for the DOD in area 51 high level 100k plus 750s plus fico.A class rental in Vegasother tenant is in Mississippi my last Go zone house I ...
Alexia N.
ARE THESE LEADS THAT I PURCHASED A RIPOFF ?!?!
Hello! I'm a NEWBIE to wholesaling so please don't judge. I'm trying it out for the first time. I just bought 109 absentee owner leads for $50 on Melissadata.com/direct (January 1, 2020). & I'm using a website cal...
Kizzy Brooks
Auction.com???
Hello,
I'm new to BP and was just wanting to get some opinions.... Have any of you ever used auction.com to purchase foreclosures? I see postings from them it seems like everywhere and I just want to know...
Account Closed
Found Deals Off Market - Here's How
Here is a big pro tip:
Stop buying on the MLS. It’s too expensive! There is a process called "Buying Off Market". Where do you think all of those properties on the MLS come from? They were "off market" until they wer...
Kurt Granroth
What beats apartment syndication returns for passive income?
Say I am an accredited investor and I want to allocate $500k for a type of investment that should be capital preserving; completely passive; and generates $100k annually in income. In general that's a tough row to ho...
Account Closed
What would you do? Potential renter with a felony.
We put our home on Zillow/FB Marketplace/Avail about 10 days ago. I've gotten a lot of interest, but no follow through. A potential renter wanted to see the house but asked to fill out the application first. I thought...
Nick Quarandillo
I hate College, I’m ready for real estate.
How do I get started I just want to drop out of college and get myself going on in the real estate world.
Jason Kim
Setting Up LLC Under Different State
Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...