Jason Schmidt
can someone please explain this 50% rule to me?
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
Scott Trench
Did you quit your job? We wanna brag about you!
It's been a topic mentioned extensively on the forums, podcast, blog, and in our webinars. EVERYONE seems to want to quit their job with real estate. We know it's possible, we've seen it done. What we don't have is ...
Michael Ealy
Small Deals Mean Wasting Time & Making Small Money
For those of you who don't know me, I have been investing in real estate since 1999 and I have acquired about 3,000 apartment units (and houses) and I still own 1,000 apartment units today.I also own 45 houses and sev...
Wes Blackwell
RANT: Stop Using Bad Math to Analyze Real Estate - Plus A Hot Tip
I'm writing this post to shed some light on a problem I keep encountering with aspiring investors who are new to real estate.
They read a book or two, hop on BiggerPockets and learn about a few ways to analyze a pote...
Michael G.
How to manage the Property Manager
I may be the only one with these property management issues but it seems to be a recurring theme.
I've owned 4 rental units in a particular farm area. Almost without fail every single property management company I've...
Arianne L.
28 y/o Female – 50k debt to 10k/mo+ passive income, 100 deals/yr
Last year, I shared my story here on BP . Please read for more background info. @Chris Lemire and I are here to give you guys an update!
Our progression:
June 2015 - 50k in debt. joined Biggerpockets. Started learni...
Matthew Irish-Jones
Why push the BRRRR so hard
I feel like someone needs to push back on the BRRRR strategy a bit. Disclaimer: I use the BRRRR strategy and it is a very powerful investing tool that can create great returns.
With that being said, I lost a lot ...
Joshua Dorkin
Beware of the Real Estate Guru Trap: What to Look for & How to Protect Yourself
Blogger Andrew MacDonald, yesterday posted an article on the BiggerPockets Blog that is an absolute MUST READ for anyone considering spending their money on a real estate guru.
The article breaks down both the typica...
George Frye
Getting Started with Notes
Ok. I know there might be another post similar, I just cant find it. I have read everything that was told to me. I dont want to get stuck just studying. I would like to actually invest. I am looking at starting wit...
Ross Bowman
Peak of the market: gurus everywhere
Something I remember reading in Josh Dorkin's book, about economic cycles, is that one sign you're in the Peak Phase of a real estate market is that there are real estate gurus everywhere.I can't stop seeing this now....