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...
Account Closed
I’m 17 and don’t want to go to college
I’m 17 and a junior in high school, I want to be a full time real estate investor one day (commercial real estate). When I turn 18 I wanna get my real estate license so I can raise some capitol and start from there. W...
Mindy Jensen
Investor NOT protected by LLC?!?
A new development out of Atlanta this week. An investor has been held liable for the exceptionally poor conditions of his properties, even though they were held by an LLC that was not under his own name. He argued tha...
Christopher Langan
Figuring out wholesale prices to give homeowners
So Im going to assume this has been asked a million times, but I was just struggling to figure out the ARV and the costs.I have knowledge on what and how much X should cost and stuff, but when people explain calculat...
Account Closed
Should I Even Keep Contributing To My Roth IRA??
Hello All,About two years ago I opened a Roth IRA after taking a college class for Personal Money Management since my teacher encouraged diversification and the tax benefits and all that jazz. Well since then, I have ...
Ben G.
$5,000 Direct Mail Budget for Motivated Sellers- Help!
I have been told by a few respected individuals in the community that I am over analyzing the criteria for my list and that I just need to get started. I do agree that analysis paralysis is preventing me from pull...
Matt B.
Why is everyone against paying for a seminar?
Please read my post before answering willy nilly, but I was wondering why is everyone here so against paying for real estate educational information?
I will preface to say that there are quite a few hucksters...
Ben Leybovich
Are You Depressed?
Real Estate is so freaking boring… and yet that’s all we talk about. Why – is it because this is all we are interested in?How about the meaning of life – would you engage in a conversation about the meaning of life? H...
Bill Gulley
NON PROFIT HOUSING WITH REVENUES
This is an open discussion about non-profits providing or facilitating special needs or specialty housing, yet doing so profitably for those who operate the housing services. This has basically arisen out of another t...
John W.
New Western Acquisitions (Reviews)
When inquiring about a property on craigslist, I spoke with someone from New Western Acquisitions. He wants to meet tomorrow..........Can anyone give me your thoughts if you have experience with them? what do they do?...