I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
I got one condo under contract (buy & hold). After receiving the condo questionnaire I found this condo is a non-warrantable. I was able to find a local bank by searching for properties that closed in the same com...
I am a member of a private email group that is realizing the potential of how I envisioned a due diligence website would help investors. The plan was accredited investors could share due diligence on crowdfunding deal...
Just listed my house for rent Saturday. Got a 3rd call today from an out of state tenant who now says she wants to rent my house, sight unseen, and offered to pay a years worth of rent upfront with a $100/mo (6%) dis...
Hey guys. My wife and I have been married for 1 year. My wife is someone who takes convincing to take on risks and I understand her concern since my tendency is to pursue things feet first and go after it. She is okay...
I am really only writing this because more and more frequently I have seen this come up. And it practically grinds a nail in my nerves to reward tenants for bad behavior by offering them cash to leave. It undermines l...
Hello Everyone, I am new to investment properties and I am currently in the process of closing on my first multi-unit property. I have been doing a lot of research on everything over the past several months and h...
I'm 40 and have 0 debt. Own my home and a LTR outright. The LTR is about $180k and my home is about $500k. I've been an entrepreneur my whole life. I've done well on some long term bitcoin investments. I'm getting old...
Quite often I hear people talk of seller financing as more of a last ditch resort when disposing of property that one might not be able to sell any other way. I'm sure that many of you have come across these kind of ...
Hey Guys and Gals,
This is not your typical post on BP but, since y'all are going to be similar to me and looking at things from a financial sense I would like to hear your opinions. And a lot of you have exp...