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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...
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Okay, now for a ridiculous, hypothetical question.What's away to theoretically get to 100 mil in net assets. Assume this is for a "young" person who has several decades to reap the rewards of salary, compounded return...
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I own and manage 6 units with $100K in gross rents, all cash-flowing in the Bay Area, while working an "officially" full-time job. Bought the last directly through listing agent, and in contract on 2 duplexes right...
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I have an SFR rental (in California) that is sustaining damage from the current renters and I am interested in feedback as to how to proceed with one of the issues.The house had beautiful maple hardwood floors when it...
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ifunding seems to be the first crowdfunding portal to have an investment (actually 5 investments) not go according to plan. They have 5 fix and flip deals in Milwaukee with the Orange group that were suppose to yield...
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Hi,
Does anybody know anything about Pinnacle Development Partners, LLC? I saw their ad in Newsweek and the return they promise investors for buying Atlanta foreclosures sounds too good to be true.
Thanks!
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Dear BP Members,I am renovating my house with a completed demo, drywall on the walls and ceilings, and electrical wiring for the whole floor. The problem is that the electrician does not want to wait until the sheet ...
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Just watched the 60 minutes special on the homeless crisis. Very concerning when you realize that we are part of the problem. To keep our business profitable we absolutely have to screen tenants for felony’s, rental...
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Hey, just had a question for landlords out there to see what everyone else would do in this situation... We have a tenant who has been on time or early coming up on 3 years now and keep the place in excellent conditio...
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I'm in the process of closing on my first property. I plan to be self managed. It's a 3 unit that is currently fully occupied. All tenants are on month to month agreements which means that it's possible for me to need...