Matthew Mucker
Where does the 50% rule come from?
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...
Mindy Jensen
What's your MOST Creative Finance Story?
I want to know the most creative way you've ever financed a real estate purchase.Mortgage? Pish, I've done that.You sold plasma? Tell me more.Seller Financing? I'm all ears!Brandon Turner told us in How We Bought a 2...
Joel Owens
Homeowners getting up to 30,000 to do a short sale!!
I focus on commercial and haven't completed a residential short sale in about 4 years.
Me and my other broker friends I have been talking to recently are mentioning they are completing residential short sales on the ...
John Thedford
BP Is A "HOTSPOT" Of Illegal Activities
Just got a call from DBPR. That is the Department of Business and Professional Regulation in Florida. They regulate licensed and unlicensed activities. Their call was in relation to an unlicensed broker complaint I fi...
Jordan Sutherland
My wife wants a new car
Hey guys, I would love to hear some opinions on my personal finances. I'm a 23 year old fireman in Texas. I make a decent salary and my wife is able to stay home with our two kids. We are able to live confortably beca...
Ryan Dossey
If you were going to drop 5k on a car what would it be?
After reading Mr. Money Mustache for several days know that and The Richest Man in Babylon have got me thinking. If I could cut out my car payment I could save/invest a decent amount of money.
Cody Evans
Real Estate Agents Will Be Obsolete Within 10 years?
I read a post recently on Bigger Pockets talking about agents being irrelevant because of technology by the year 2025. There were very conflicting opinions and I am hoping to see specific examples of technology that w...
Daniel Mills
Appraisal came back $35,000 lower than sales price (Turnkey)
OK. So here is the situation. I was in the process of purchasing a rental property through a Turnkey company that was asking $261,000 that just appraised at $226,000. Of course, I am not paying the original amount an...
Tina Garcia
Adverse possession claims after being forced out of home.
I am a single female who recently moved into a home that had been vacant for a number of years. I did all my homework regarding ownership, heirs or wills that may have been deeded to a friend or distant relative upon ...
Madeline J.
Ethically investing in poorer urban areas
For a few months I've been learning about how to use my unused income from a full-time job to invest in real estate and have been reading lots of books like Hold: How to Find, Buy and Rent Houses for Wealth, Brandon T...