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...
Scott Choppin
Lifecycle of a CA Multi-Family Development Deal
Hi EveryoneAfter reading through many excellent posts, include the "Diary of a New Construction Project" by @J Scott and @Joshua Dorkin, I thought I might add our voice here on BP. I am proposing to track the entire l...
Jason Schmidt
can someone please explain this 50% rule to me?
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
Joshua Dorkin
Beware of the Real Estate Guru Trap: What to Look for & How to Protect Yourself
Blogger Andrew MacDonald, yesterday posted an article on the BiggerPockets Blog that is an absolute MUST READ for anyone considering spending their money on a real estate guru.
The article breaks down both the typica...
Account Closed
CA Handyman (not Contractor) has started asking for $500 in Labor per job
Am a NY licensed contractor who moved out here to LA county barely a year ago.. my CA contractor license is still pending. So in the mean time, I been keeping busy with working on my own properties and a few small lan...
Spencer Clark
Will Housing be "the Biggest Business Story of the next 5 Years"?
The Washington Post published an article from an outside contributor (and investor), Conor Sen, claiming that while software was the biggest business story of the last five years, housing will rule the next five years...
Brandon Turner
The 7 Steps You Need to Get Started Investing In Real Estate
Hey folks - just wanted to share a video I put together for BiggerPockets. It's a 5 minute summary of the Ultimate Beginner's Guide- which if you haven't read yet - you can get here.
Click HERE to watch the video o...
JJ W.
Calling Out Mark Podolsky from the Land Geek
I created this topic because I'd like to hear from the guru himself - @Mark Podolsky aka "The Land Geek". He boasts on his podcast that he has the best passive income model, and even forces his "guests" to declare tha...
Shane Elias-Calles
To spend $3,600 dollars on coaching?
I have been asked to become a student of an investor who retired off of his rental income in 10 years. it is a 6 month coaching program but is going to cost me $3600. can i get some advice? thoughts?
I currently do ...
Max Maloney
Hello from San Francisco! Is the Bay Area right for me?
Hi everyone, I'm hugely impressed with the quality of information I've found here so far, so I wanted to say hi and introduce myself. My name is Max, and I'm a San Francisco native. I'm in my late 20's and a Mechanica...