The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
Hi Team! I was wondering if you wouldn't mind providing feedback on my MTR listing. We have it posted on Airbnb/VRBO/CHBO/Zillow as an MTR for the past 2 month and haven't had a single booking. I've lowered my monthly...
Warning: Lots of Questions!!
I'm in the process of sourcing my envelopes, paper, etc. for my direct mail campaign for Absentee Owners. My initial plan is to use a "handwritten" font for the marketing copy on the yell...
Hey @Bob Beach and @Xiao Xiao here is the post I promised. I am happy to talk more about any of this at any time. I am traveling at the moment though so you can also fee free to reach out to Ken Klingler or Jack Inm...
Hello BP Members! I write a regular column for BiggerPockets Wealth Magazine on people's "Biggest Mistakes" in real estate. Do you have a "mistake" story and lessons you learned from it? I'd love to hear it! (Thanks t...
Clayton Morris is seeking $7,176,000 in damages from me & HoltonWiseTV for releasing the documentary about the Real Estate scam allegations involving him, Morris Invest & recently indicted Bert Whalen.
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I recently posted some questions regarding financial strategy involving car loan debt, student loand debt, mortgage debt and cash for new acquisitions.
There is a strong contingency of folks that claim you should nev...
What special touches or amenities do you add when you renovate? I'm not talking about paint color or flooring until you do something special like an accent wall in red or cork floors. I have some upcoming projects, ...
It would be great if your guys could answer the following questions
- Were you able to quit your day job and live off cash generated from RE?
- If so, what age did you start investing, and how long after investing did...
Hi everyone! I'm new to the forums and to REI. I haven't done my first deal yet. Actually, my husband and I nearly bought a place earlier this year. That place fell through at the last minute, but although I was hugel...