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...
Mike K.
RE Investing - Not a good option right now
After looking at the opportunities available in RE investing and analyzing the risks and rewards I decided that there are better options available to build wealth. It pains me to say this since I have been an apprais...
Joshua McGinnis
My first out-of-state turnkey was a bust (sort of)
Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
Aidan Mulligan
Explain the hatred of pitbulls
Hello everyone,I see something pop up all the time when talking about allowing pets on your property. Someone always says "Except if it's a pitbull, keep those away"Now I understand that "dangerous breeds" can bring h...
Ryan D
Whole Life Insurance & Real Estate
I'm wondering if anyone has any advice/opinions on using whole life insurance to supplement my real estate investments. I'm currently 25 and am debating on whether or not I should set up a policy now while I'm "young"...
Jay Hinrichs
Rent control sweeping the nation ?
Seems like Rent control in some form or fashion Is gaining a lot of traction around the US.. Oregon just passed state wide.Washington some new rules.. California of course has had rent control in many cities for deca...
Max Maloney
Hello from San Francisco! Is the Bay Area right for me?
Hi everyone, I'm hugely impressed with the quality of information I've found here so far, so I wanted to say hi and introduce myself. My name is Max, and I'm a San Francisco native. I'm in my late 20's and a Mechanica...
Jonathan Greene
5 Tips To Create A Real Wholesaling Business And Not a Chop Shop
I am generally not a fan of wholesalers. I find the majority of them to have low repair costs and high ARV. I see way too much daisy chaining. But...the good ones are fantastic. The good ones use some or all of these ...
George Yu
I just built a 36 unit apartment complex.
Hey guys my name is George Yu and I love passive real estate. The idea of investing into something and then collecting mailbox money whether you feel like working or not is like having your own golden chicken as long ...
Alex Applebee
My first flip at 26, a woman, ZERO construction skills.
I closed escrow on the sale of my very first flip back in January. Craziness of life got in the way and I never got around to posting about it here. However, I figured it was time. I SERIOUSLY credit BP for some of th...