Rich Ramirez
2% rule..is it still real?
I'm in Southern CA and realize, based on the Podcasts, that the 2% rule can still be found in the Midwest or perhaps FL. Since the market has picked back up, I'm wondering if it still exists...generally? Or have other...
Russell Brazil
Is Bigger Pockets Creating Unrealistic Expectations For Investors
One of the more complex parts of being a real estate agent is setting realistic expectations for what your client can expect from the market. There are always going to be people who have unrealistic expectations, but ...
Wes Blackwell
RANT: Stop Using Bad Math to Analyze Real Estate - Plus A Hot Tip
I'm writing this post to shed some light on a problem I keep encountering with aspiring investors who are new to real estate.
They read a book or two, hop on BiggerPockets and learn about a few ways to analyze a pote...
David W.
Best Cities to invest in under $100k
Nooby question here! Does anyone know where I can find a list of or advise me on the best cities to look for investment opportunities (rental) under $100k? Ideally, I would like to start with $50k property but $50k-$1...
Adriel Hsu
How I Made 12 Deadly Mistakes & Still Broke Even on my First Deal
My First Deal and the 12 Deadly Mistakes I MadeThe quick and dirty numbers: Purchase Price: $17,307Purchase Closing Costs: $2000Rehab Costs: $80,748Roof: $6538Foundation: $3000Handyman Labor: $19,284Dumpster: $4378Ele...
Daniel Mendez
The good and bad of turnkey properties
Hey BP,I am looking into purchasing my first investment property out of state. Most likely in Indianapolis, Indiana.I am currently debating on whether or not I should start with a BRRRR property or Turnkey property.Ho...
Maria D'Aura
Where would you buy if looking for cashflow?
I'm selling a rental (escrow scheduled to close 2/14) and need to find a replacement for 1031 exchange. I'm looking for cashflow, C class or better, multifamily would be great. Property needs to be around $550K to com...
Stephen S.
Tell me how you feel about allowing pets?
I love animals. Well; unless they are trying to hurt me - then I don't like them. But in general; I have had, and enjoyed having, pets. But now I do not have pets. I don't like the smell of them, I don't like cl...
Luis A.
Appraisal issues on house I am flipping
Ok, so for the first time I have to deal with one of my flips not appraising for the sales price. I gave the appraiser a list of comparable recently sold, a list of repairs and before pictures of the condition of the ...
Brandon Connell
Cash buyers are not serious
I have a property in Illinois under contract with some good meat on the bones, and only a couple of cash buyers (or so they say). So far, they are dodgy. I read that the hardest part of wholesaling is getting the cont...