I guess my question is how accurate do you find the 50% expense rule?
If you gross rents are $2500, a margin of error of 10% on your expenses would result in a $125 difference in cash flow. This might result accepti...
Hey all, I'm doing some research for an upcoming post and I'd love to get some group brainstorming done. My question is: What are the key indicators of a good rental market? (For example, schools, crime, jobs, etc.)O...
As an investor, it didn't make any sense why I was letter a buyer's agent collect 2.5% of the purchase price, for the minimal return I was getting. After many sales, I knew the real estate forms well and had the buyin...
I currently have one SFH located in Little Rock, AR purchased via turnkey. My long-term goal is to build a rental property portfolio that will ultimately exceed my earned income. I understand turnkey properties come...
8 Deals in my First 8 months- YOU CAN DO THIS!!!Hey BiggerPockets, I wanted to use my first post here on Biggerpockets to summarize my first 8 months in this fun, crazy, stressful, and exciting game we call real estat...
I've been saving my pennies and will be closing in on $10k saved in about 4 months. I've been thinking about this for a long time and the number I have had in my head is I need around $25k saved if I want to buy a pro...
We are new to property investing and naively jumped right in with three multifamily properties. We’ve had them since April ‘21 & we are carrying the mortgage on all three as they do not pay for themselves. We’ve h...
Hello BP Family,What are your thoughts and/or experiences with rental vacation property?
Earlier this summer, my wife and I bought an older city town home that we renovated lightly (updated bathroom and kitchen), within a reasonable budget. We ran into a 2 month setback with our first contractor and decid...
So I am just getting more into investing now. Several investors have suggested you contact several RE agents to get them looking for properties for you. Now I've heard from a few RE agents that if agents know if you...