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It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
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I built a rental portfolio of 127 units and soon to double in the next year. I've experienced a little bit of everything: wholesaling, flips, single family rentals, multi family rentals, office, commercial, developme...
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I'd like to hear from anyone investing or invested in the Cleveland rental market. I'm looking into purchasing a duplex or two in the Cleveland area for long term rentals.
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First of all, I believe Lonnie Scruggs, was a great man who, while he did charge for his knowledge, made a whole lot of people a whole lot of money. I would never try to take that away from him.
Second, throu...
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I ran into this video which mirrors a lot of my thoughts about what's about to happen. IMO I think it will take a little longer then he predicts, but otherwise this seems spot on. Thoughts?https://youtu.be/ZFXObY99bXg...
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So I have read in many places and discussed with many attorneys about the 30 - 90 day anti - flip requirement for short sale acceptance.
However, has anyone ever bothered to question the banks legality for requiring ...
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Okay, I'm tired of hearing how easy it is to BRRRR. And the numbers people (eh hem, Brandon) are not realistic IMHO. One example Brandon gives is $200k purchase, $40K fix, $10k soft costs, $350K ARV. First off, fi...
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A recent blog post really, really struck me as bad advice. http://www.biggerpockets.com/renewsblog/2014/10/08...This is not the way we want investors to be representing us, and definitely not the kind of advice that t...
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I know this will ruffle a few feathers but it is a fair question. I have met and had hundreds of interactions with realtors and I am never surprised at the new lows that some of them can reach. I was also a manager at...
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Good afternoon all so I have been taking Dave Ramsey financial classes over the last couple weeks. If anyone hasn't heard of him please look him up, but anyways my question is his beliefs and what he teaches on is abo...