Sartaj G.
Paying down 1 or 2 morgages faster with extra payments
Hi all,I have two recent mortgages both at $175k principal and 6.625% fixed for 30 years. I want to accelerate the payoff by either paying $500 extra on each or $1000 extra per month on 1 only and keeping the regular ...
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
Jack Yen
self-service car wash investment?
Hello, I'm wondering if anyone could help share their experience with self-service car wash investment? I came across one that's for the business and real estate and seems interesting. I don't know how much the owner/...
Brian Gibbons
Getting Busted in Ohio for Wholesaling and Praticing RE without a License
Read Ch 4735Get a lawyerGet licensed and do wholesaling in OH02 July 2014http://www.com.ohio.gov/documents/Fall10REdiscipline.pdfLYNETTE S. MALY, Twinsburg, Ohio, was found by the Commission to have violated RevisedCo...
James H.
Make extra payments to mortage, pay down debt or save for down payment?
My question is: With the relatively small amount of disposable income I have, is it better to separate some of that off to make extra payments to the house mortgages to pay them off sooner, or should I just let the mo...
James Gates
FIRST BRRR Complete! Details + Pictures!
Hey Biggerpockets!My partner and I just completed our first BRRRR and we are so STOKED and THANKFUL for the education we have received from this website. I am writing a summary of this report in the hopes that someone...
Jonathan Greene
The 5 Biggest Mistakes New Investors Are Making Here In The Forums
These are here to help you make better connections in the forums. It's ok to be new, but if you consider these five tips, you will get much better responses to your questions.
1. Writing too little or too much in a p...
Jon Q.
Blockchain real estate brainstorm
Professionals and fellow-investors,I’m running a blockchain real estate brainstorming group...Can you help me out with answering the following questions:What are aspects to your job that you don’t like, specifically w...
Brandon Foken
My Direct Mail Campaign Results Have Been Atrocious
Hey There BPers,
Myself and my business partner have been spending a significant amount of time on our direct mail campaign and so far, our results have been subpar to say the least. We have sent out a total ...
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...