I guess my question is how accurate do you find the 50% expense rule?

If you gross rents are $2500, a margin of error of 10% on your expenses would result in a $125 difference in cash flow. This might result accepti...

There is a foreclosure that I have been looking at purchasing. They have it listed for $32,000. Repaired and updated it’s probably worth about $60000 - $65,000. I made offers at $25,000 and $27,000 but the realtor han...

First of all, why is there no dedicated BRRRR section in the forums?Anyway, this is about one point that Brandon and David made in the Bigger Pockets Real Estate Investing Podcast #327. It is an excellent episode and ...

What is your FI (Financial Independence) number?
How to find your FI number: Determine your annual spending in retirement, yes, you need to have a budget! Multiple the above number by 25. Example, if you require $60,...

Just curious if anyone here has gone through the process yet. Everything that I have read thus far states that loan forbearance payments will be due as a lump sump at the end of 30, 60, or 90 days. In other words, you...

Hello BP community,My husband and I have equity in our home and our rental. We want to expand our portfolio with hopes to be financially free. My husband does not like the idea of getting a HELOC for he thinks it is t...

Hello BP!!

During some research I have came across Dodd-Frank and SAFE act regulations with seller financing. As a new investor should I meet with a RMLO and/or Real Estate Attorney:

Before I start maki...

I just wanted to say THANK YOU BP!  If it weren't for this forum I would not be attending this course "How To Make Money Wholesaling Bank Owned Properties!" given by a local Real Estate investors group.   This board i...

I recently met a potential tenant that I fell in love with. Very sweet personality and she was excited about the uniqueness of the property. I checked her credit score and it was not great (595), has a history of some...

I made a bad investment on a cheap warehouse in Detroit for my  landscaping business. I paid for in cash for 20k 4 years ago. It's in a very bad area and it got broken into a couple of times. Not feeling safe I moved ...