Hi everyone, I just discovered this site a few days ago and have been doing a lot of reading and have learned a LOT. My question is regarding the 50% rule - my understanding is that it is a fairly conservative ratio o...
Okay I’m a little confused, I was in 8th grade during the 08 crash and I’m young in the real estate game so don’t rip my head off. But I’ve noticed the discussion of another crash starting to come about more often whi...
I consider myself a numbers guy, but I'm not sure what numbers to use to help me decide whether to buy or sell. I'll try to be as specific as possible. I'll answer any questions if it helps you...to help me!I own a SF...
I have been identifying properties that I can purchase with little money down by assuming the current loan. Multiple markets not just Denver. The benefit is a small down payment to secure the property and assuming th...
I have been investing in 3-4 unit properties in Chicago for the past 4 years and everything is going great but I feel like every time I purchase a new property im taking two steps back. Like im taking from Peter to pa...
How much of your rental property cashflow should you live off of? For example, if I cashflow around $30k/month, how much of that should I ACTUALLY be spending on my lifestyle? What percentage should go towards my pers...
I inherited a tenant that was playing loud music at all hours of the night and having friends over where they would have weird screaming parties (drugs maybe?) Anyway, I send him a 30-day notice to leave the premises ...
So, as a budding house hacker I wanted to ask my friends on BP:What tools come in most handy to a novice landlord? What should I add to my list?HammerTape measurePower drillHacksawSanderScrew driversAllen wrenchesChan...
BP Community,After spending several months listening, learning and analyzing I am asking for a couple of minutes of your time to give me your opinion on the following deal (which would be my first one). Is it a homeru...