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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...
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Hello, Everyone!I'm Mitchell Abel, currently a Junior at the University of Kentucky. I live between school in Lexington and my hometown of Louisville. I've been surrounded by the construction industry my entire life a...
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Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...
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What is everyone doing in their rental rehabs today to get more for their money in the long run? And more consistency - which would ultimately save money over time as well. I've read about using ceramic tile, refinis...
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Lenders are getting more and more aggressive in their underwriting - read this...I am researching a project and reached out to a friend who is working for a big lender. He confirmed - they are approving stuff that m...
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Intro…Keeping with the spirit of @J Scott 's “Diary of a New Construction Project” where we jumped into a HUGE project that we never really had done before, “Tear a house down and build a new one back”. This adventu...
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Hey guys my name is George Yu and I love passive real estate. The idea of investing into something and then collecting mailbox money whether you feel like working or not is like having your own golden chicken as long ...
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Every single time I'm in any grocery store, walking the street, or anywhere in a posh neighborhood, esp. the Bay Area, I think: * "Golly, gosh, gee, how do these people afford these wonderful homes?"* "What do I have ...
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Hello Bigger Pockets Community!I want to take this opportunity to introduce myself, and thank you all for contributing to my real estate education. My name is Ryan Zomorodi and I have been listening to the BP podcast ...
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Let me start by being crystal clear. I am very sympathetic to all of those who have been exposed to COVID-19 – those who have either struggled through severe (or even mild) symptoms and certainly those who have passe...