Melanie Stephens
Seeking “Biggest Mistake/Lessons Learned” Stories for BP Magazine
Hello BP Investors!
I am looking for stories about your biggest real estate mistake, and what you learned from it, for BiggerPockets Wealth Magazine. If selected, your story, name and company will be featured in the ...
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...
Andrea Cole
How are you handling Coronavirus cancellations?
We have a Strict cancellation policy but guests are asking for full refunds due to events that are cancelled in the area. We are not in a region of the US that Airbnb recognizes in the extenuating circumstance guideli...
Tatyana E.
New landlord, problems already, need help!
Hi guys, I’m new here and I hope so much you'll be able to help me.
I got a rental house recently (paid $180K) and hired a property manager, let’s name her K., to manage it. K. runs a small property management compan...
Mike R.
Los Angeles has gone housing market crazy.
I have been renting a house for the past 7 years in LA and now sadly the family wants to move back in. I figured it's time to buy my own place, especially with rents so high, but timing couldn't be worse. Every home h...
Ashley Roush
Applicant has no social or driver's license number
We have an applicant trying to complete an application for one of our rentals, but they do not have a social security number or a driver's license number- which are required fields for our background and credit check....
Diane G.
If you are buying when unemployment is 4%, you are buying trouble
I googled the unemployment history of US, and here is the chart... Out of the past 65 years, maybe 10 saw unemployment at around 4%....All other 55 years were higher.... If you are buying RE in today's enviroment when...
Steve Sun
Best city/area to in buy and hold for cash flow in the U.S.
Hi there,Asking such a big question: I'm trying to get my first deal done, and still trying to narrow down which city/area I should be looking at.I'm a first time investor, I live in San Jose, CA, but I'm inclined to ...
Marc Estepa
Hawaii Landlord using $4000 deposit to fund carpet remodel
Aloha. I have a situation in Hawaii I am looking for guidance with. My family had rented a 3000 square foot home from 2016-2020 with two large mastiffs. Bottom line up front: The owner is hinting at replacing his e...
Bryan Tasumi
Do most properties you buy cash flow positive?
Do most properties you buy cash flow positive? What percentage of properties that you purchase will cash flow positive when rented out? 95%, 90%, 80% or less? What is the risk of buying a property that does not cash f...