Chris Pasternak
50% rule question
Hey guys! Sorry if this is naive but I figured this is the place to ask my "stupid" questions. How often would you say the "50% rule" of expenses applies in real life?
For example, how many years say in 10 ...
Mahdi El
Deal or No Deal? Should I move forward or away?
I’m in negotiations for house that value will rise 11% next year. ARV is 266k, offered 197k but negotiated down from 220k to 207k. Is this a deal or no. I understand the ARV formula that a deal is 186k but houses are ...
Kapil Dholakiya
Investment property positive vs negative cash flow
Hello All , Trying to understand pros and cos of two type of investment 1. Rental property investment with positive cash flow however in the long run the property appreciation is not much .2. Rental Property investme...
Ian Radcliffe
Mortage Rates in July 2014 in New York
I was looking online for mortgage quotes but quickly found that every single site requires email and contact numbers. I hate getting spam and unwanted phone calls so I thought I would call upon the bigger pockets comm...
Geoff Anfuso
Denver County Tax Liens
Hi guys,I was doing some research on last year's tax lien sales for Denver County in CO. I noticed that last year's auctions showed a premium averaging 10% for each lien sold, regardless of size. What's odd, is that t...
Nat C.
Seeing REI as a game of monopoly
I have read a lot of threads about how people deal with the stress of real estate. Indeed the constant problems with bad tenants and shonky contractors is enough to give anyone high blood pressure.Personally I started...
Neil Sinha
First Lien and purchase money 2nd lien. Foreclosure on 1st.
Hello. Newbie here. I'm looking at the foreclosure list in San Antonio for next month to scout for deals. I found a property where the owner bought by signing two notes at closing: a $95K first lien mortgage and a ...
Davion Malwah
BAC Stock
How many of you are going long on BAC like me? :cool:
They made a good move by buying Merrill Lynch, but a terrible move by buying Countrywide. The mortgage mess will affect all banks until that is cleaned up and th...
Nico Roe
Under contract, am I blowing this deal?? Help!!
Hello everyone! I am currently under contract for a home which on the surface looks like a great buy but I can't quite get a sense of my numbers... they keep coming out bad. I have tried to use the Bigger Pockets calc...
Shal Patel
Tenant moved in and next day want out.
Bought house a month ago. I had first tenant and they moved in. AC was old and was under performing just in the afternoon only. I m putting new AC next day. They want to be out next day. They had issue earlier to mov...