I have been involved with flipping properties since early 2000s.   First subbing out as a carpenter for several local investors and builders.   When the market dropped out in 2008.  Everyone I knew including myself we...

I got out of the stock market in 2009 after taking a $300k loss. Ironically, I had made about the same amount by actually predicting the crash and shorting the market at the top. I thought I could predict the upturn a...

Hey folks - so I have a property in a lower-income part of town and almost every tenant who applies has a pitbull. (The animal, not the singer!) Anyway - tenants today know the game. They just need to say "it's a serv...

Hi all,
I think my question above is pretty direct.
I'm interested to buy my first rental property, and after doing a brief search I see that there are quite a number of places out-of-state (I live in NY state)  tha...

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...

Hi to all investors out there, hope you have any advise or resource to help me out.About 3 weeks ago I paid about $41,000 to a real estate investing company. After I have paid, their attitude and responsibility promis...

My name is Ami and I have made a pretty  big mess of things. Here are some details of my life:- Sales Manager of a sales team in the IT universe earning about $85k/yr- Wife has an office job paying her $60k/yr- We owe...

I am curious if anyone has employed the simple strategy I was thinking of for investing in any kind of property:1. Use something like ATTOM API to get historical sales snapshots, or just all the historical sales of th...

Hey BP. I wanted to share a tough lesson learned, partly to help others learn from my experience and partly to seek any words of wisdom/encouragement. :(  Thanks in advance!I am just 2 weeks from closing on my first p...