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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...
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Hello BP Community!In efforts to give back to the community, I wanted to document the process of acquiring my first turnkey property through Spartan Invest. I know when I was first researching the forums, case studies...
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I purchased a SFH for my primary residence about 3 years ago via short sale. Purchase price was 133K, I put down 20% with a 2.99%APR on a 15 year loan. I owe around 90k on it currently and it's worth roughly 180k. We ...
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Hi BP Fam!
I've hit a dilemma that I'm sure many others encounter at some point in their investing careers, and figured this would be a fun topic to discuss.
So I've been working my a** of for at least 15 years as a...
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Make Sure You Get This One Right
By Niels C. Jensen
There are those who sweat over every decision, worrying about how it will affect their lives and investments. Then there is the school of thought that we should f...
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This morning the CDC extended the eviction moratorium through June 30, 2021. The first stipulation states the tenant is making best efforts to secure assistance. Given the $50B that congress has allocated to rent assi...
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No matter how you’re involved in real estate investing, I’d venture a guess that one of your main goals on BiggerPockets is networking. I know this is true because one of the most common questions we get at BiggerPock...
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As I continue to explore and prepare to be a REI I am finding people around me being very doubtful and advising against. The feedback is always about the headaches, constant tenant problems, constant repairs, evictio...
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Since getting in real estate 11 years ago, I knew I wanted to buy rental properties. Then in 2013 I finally got the shot to do it after finally finding a private money partner to go in with and start buying. Since Jul...
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So If I am finding off market deals (driving for dollars), qualifying and closing the leads of which I would buy them and rehab them....what is the role of my realtor? Just contract negotiation?