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 everyone,I am graduating college in a week or so, and want to be prepared to budget effectively as I start getting real income for the first time. I'm curious as to how you manage your money, any apps you use for ...
I live in San Diego, CA and have been looking for options locally but the numbers aren't adding up to my planned budget. I have been looking out of state at cheaper multifamily homes and those seem to bring the cash f...
Does having diarrhea make one an Expert on Toilets?
Just because one investor, in one part of the country, during a specific time period, uses a specific technique (s) to make money in real estate, does not make him...
We rented our home out to a family on Section 8. It was our first rental and we made errors did not do our due diligence. We discovered several violations against their lease agreement early on but faced the challenge...
Just listed my house for rent Saturday. Got a 3rd call today from an out of state tenant who now says she wants to rent my house, sight unseen, and offered to pay a years worth of rent upfront with a $100/mo (6%) dis...
Hello,I will try and keep this as short, but detailed as possible. My experience with RE is at best limited to the BP podcasts and a little reading material, as I have only decided a few months back, that I would like...
BL: Purchased HUD property Dec 2013 for $32k, rehab costs and expenses were$34k. thats 66k cash of my own money in the deal. The good thing is that I dont have any holding costs other than utilities and property taxes...
Hello Investors! Is anyone interested in showing our their cash flowing properties to the BP Community? Our BiggerPockets YouTube team is going to be filming tours of cash flowing properties with real estate investors...
Hello All,Josh and I are newbies to real estate. We are absorbing as much information as possible and setting goals. We are currently in our late 30’s and have 4 school age children. Over the past year we have been ab...