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...
This question is one I pose to anyone who has an opinion on the topic. Obviously we're all here because we like something about the idea of REI and passive income. As the process goes, we find a "good deal" in some ar...
I'm interested to hear what investors think about Donald Trump as President as it pertains to real estate investing. Here's some of the things I'm thinking about:Demand for Rent: Presidential elections do not change t...
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...
I'm going to sell a condo down in Palm Desert California that I fully remodeled. I want to sell it with owner financing to facilitate a fast sale (lot of inventory in the desert and market time is VERY slow). Asking p...
It seems like starting out is probably the toughest part of REI. So many fail to ever follow through with their plans.
I wanna hear about your very first deal no matter how big or small, good or bad. Go into as much ...
I found an HVAC tech online who had 64/64 five-star reviews on Google Maps. There was nothing but praise for him, so I gave him a shot. He diagnosed my problem as a faulty control board. He quoted me $700 for the boar...
Like many other real estate investor, I seek to buy and hold real estate, and enjoy the cash flow and any possible appreciation. However, since my target properties are lower end properties that often requires rehab...
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
When is the optimal time to purchase multi-family residential property? With the impending recession, what are some considerations for aspiring investors? What echelons of property should be honed in on? Which shou...