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...
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
Hello all Need advice (I think), Started in Real estate 3 years ago with 160k liquid cash to begin. I've always had the hands-on I can do it if anyone can mentally so my plan was always BRRRR (fixing ugly homes). Curr...
I'm looking for some advice on this nightmare of a property I just purchased. I just purchased my 1st investment property and I decided to go with a Turnkey property from Norada Real Estate Investments, because I real...
I could be wrong but it feels like in general PM companies aren't very active on BP. Also one of the biggest pain points for successful rental investing seems to be PM. It seems really weird they aren't more active.I ...
I often hear the gurus and paid mentors talk about taking your business to "the next level". I'm wondering what that means. Does that mean that you should never be satisfied with the size of your business? Does tha...
Is investing in condos always a bad idea? For example, I have heard of people having lots of problems in condos with 100+ units, and very high HOA fees. But what about a condo in a 12 unit building? Is this still, ge...
I have everything ready to put in an offer on a 12 plex in Bismarck, North Dakota (where I live) today and just wanted to run it by my brothers and sisters on bigger pockets before I pulled the trigger. Truth be told,...