I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...

Hey BP friends!I'm looking for some advice on a property in our portfolio. It's 150+ units in Oklahoma. Built in the 70s. Flat roofs. C+ property.We purchased this property thinking we could reinvest all of its cash f...

I found this today about a proposed meltdown:

The Day The Dollar Died

I thought some of our resident Tea Partiers would enjoy it. Most entertaining!

Hi,I have just finished reading Brandon Turner's Book on Rental Property Investing and I am brand new to these forms.I have saved about $130K which is not enough for downpayment where I live (Mountain View, CA). The p...

Just got off the phone with another Realtor who showed one of my homes. Her clients gave me an offer that was 25% of the list price.Please folks Don't be that guy. Show some respect for others & their time.  This ...

The history of markets tells us that we will always have a crash.  

This graph shows total consumer debt in the US since 2003
Housing crashes come from over indebtedness, this graph shows that US consumers have mo...

Back in November (2014) I closed on my first REI property.  A 'turnkey' duplex in Chicago.  I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...

I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...

What prevents us all from becoming super wealthy?  Plain and simple it is the return you get from your net worth.  So, for an experiment take your net worth.  That means, if you were to sell everything today and paid ...

Hello, I am doing my first new construction and at first I was very confident, but no, not so much.  A lot of my flips took longer than anticipated which resulted in me having to find money for the closing.I did! but ...