Ben Leybovich
2% Rule is the Stupidest Thing EVER!
It's misleading as all hell. It doesn't focus on the truly important elements of the underwriting. And @Brandon Turner is not helping anything by continuing to talk about it on his webinars.[Note from Brandon: see m...
Brandon Elliott-Pandey
BEST AREAS FOR STR's!?!?!?
I have a question for my fellow STR specialists. First thought a story! :-)I recently traveled to Omaha NE and found out the Airbnb I was staying at was clearing $50K/ year!!! (It was a SFH with 4beds and 2 baths). I ...
Account Closed
Growing my portfolio- 13 units ~$170k in annual cash flow
Hi guys, wanted to share my story for some motivation.I started investing in 2007 as a 23 year old. My portfolio consists of 13 units and the current annual cash flow is roughly $170k annually. Most of my units are in...
David Krulac
What things have you found in foreclosed/abandoned houses?
In the thread about the TV show Property Wars, it was brought up about things found in and on foreclosed property.
1. In a recent one there was the last occupant's ashes. I called the relative to come get the ashes...
Karen Hurd
I am now convinced.....
I am now convinced that It's not the wholesaler who is a hindrance, but the realtor. I have called roughly 25 realtors. I explain to them everything that I do, because in the state of New York you can assign a propert...
Omar Bortolato
Tax Liens and Tax Deeds. Tools and Calendar
I’ve been personally investing in tax lien certificates lately.
If you don’t know what tax liens are, basically when a landowner or homeowner fails to pay the taxes on their property, a tax lien certificate is issued...
Charlie Anne
What was your first purchase?
My goal is to buy 1 rental property this year. Tell me about your first purchase!
Where was it?
How did it go?
Do you still have it?
1 thing youwish you knew?
Jackson Andrews
Long-term Outlook For California
Howdy Bigger Pockets Peeps, As an agent in Austin TX, I have felt the inundation of California Natives to the Hill Country of Texas. This exodus has only just started but it has had a fairly significant impact on our ...
Thuy Pham-Satrappe
Do you invest in high crime areas?
For those of you who actively choose to invest in high crime areas, what do you make sure to factor into your numbers? -higher vacancy-higher possibility of turnover -hiring a property management company with skill an...
Jay Hinrichs
The 2% rule kills values
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...