Aaron T.
What percent are you using for maintenance, vacancy, PM, etc???
I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...
Jacob Knowles
Why isn't everyone buying and renting mobile homes? what am I missing?
If you missed my other post. I am new and will probably have a few questions while I am studying and analyzing deals the next few days. One question I have right now is whats the down side to buying mobile homes for b...
Dave Anstatt
Partnering strategies w/ individuals having no financial risk
Hi all, I' do about three flips a year, have a portfolio of rental properties and have purchased another 2 (soon to be 3) hold properties this year. I GC all rehab work myself while also doing much of the in house c...
Account Closed
Should I file for bankruptcy?
A couple disclaimers before I start:If you look through my profile and previous posts, you'll see that I am young (just turned 22), and also may believe I don't have the right mindset or maturity yet to start REI. Thi...
Account Closed
Looking to Help Beginners ! (Investing , Financing, Managing)
Hey all, I am on bigger pockets simply because I want to help beginners make that leap like I had to all on my own before I knew about bigger pockets. A quick blurb on my experience : I am a serial House Hacker I am ...
Eric Pierpont
The 15-day rent payment grace period in Maine
I told my tenants they would not be charged a 4% late fee until 15 days from the time payment is due. The 15-day grace period is state law which I will abide by. So now tenants do not pay me until the 13th or 14th of ...
Logan M.
How do we solve the housing crisis in America???
I have felt drawn to investing in Mobile Home Parks partially because I feel like it allows me to have an impact by providing affordable housing.What I want to know is if there is a real solution to the unaffordabilit...
Chyniece Cox
How many houses can you flip a year?
If you had access to unlimited funds, how many houses would you flip a year? Or what would you rather invest in? And why? Looking forward to hearing from you all!
Michael L.
Opening the Kimono: My Out-of-State REI Experience
Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...
Eric Moreno
What would you do and how would you do it?
Current situation: 23 years old. Military, 4 more years of secure income. Gross income est. 30k a year. Net income est. 21k a year. No liabilities (no car payment, living in dorms, etc.), No assets. Credit score mid 7...