Just a question for other BP members: who all on this board have started their RE business from nothing? That means you had no money and no personal savings to put in to marketing, down payments, etc.Follow-up questi...
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...
I got a letter from Wisconsin Department of Professional Services Division of Legal Services & Compliance. They received a complaint from someone on my direct mail list of probate properties. My marketing lett...
Perhaps I'm generalizing, but I see some heavy hostility towards the idea of whole-saling in the forums. Why do a lot of members seem to be so against wholesale? I've seen "unethical" and "shady" thrown around a lot...
Do any of the pros have crowdfunding sites?
Body of Arkansas Real Estate Agent found, this is so sad! Praying for the family. This hits me hard as I have to show property by myself and the thought has crossed my mind as to what could happen. Things I do:Never s...
Do you go with a 30 year mortgage or 15 year? I just closed on my first REI and took the 15 year. It was $146 more per month on a $60k loan. Seemed like a no brainer with the interest savings. It's not cash flowing mu...
Just received news that I am not permitted by the city to purchase another property due to the affordable housing covenant im contracted under. Not the news I was hoping for and this will severely impact the financing...
I'd like to talk about this topic with everybody because I feel its a legitimate problem. WIth a recession upon us we know the housing boom was part of it. Including the fact that some entire housing developments were...
So this is a subject that I’m very interested in and I’d love to get everyone’s opinions.What do you think about mandating Finance class for grade school children? I’m not talking about making them take it one year of...