Cameron McNulty
What’s the deal with Ohio?
Hi guys, this one is for my OHIO investors/real estate people. What’s the deal with Ohio? I swear people are RAVING about Ohio, I can’t stop hearing Ohio and real estate in the same sentence LOL. The only thing I real...
Sabrina Brown
Difficulty selling rental properties at loan amount
I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
Jack B.
Found a property in LV but worried about peak
This house barely cash flows. I worry about it being near the peak especially in LV due to the looming recession. With 85k involved in closing, it isn't an ideal time to buy if the market turns against me and I can bu...
Matthew Mucker
Where does the 50% rule come from?
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...
Josh Holley
Seller won’t return EM
Long story short - James Wise has an awful reputation here in the Cleveland area, but I have bought properties from him before I proceeded with another. Title came back with an encroachment. The roof is over the next ...
J. Martin
Using range of expenses in your profit / ROE estimates?
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 ...
Jay Hinrichs
The 2% rule kills values
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
Douglas Gratz
My New Construction Journal From Start To Finish
Hello fellow investors! I began a post a few months ago in regards to a new construction project I will be starting soon and after all the great input I thought it would be nice to start a journal in order to help ne...
John Burtle
Making offers on houses but the real estate agent isn't happy
Do you guys ever make offers on properties and the real estate agent tells you you're being ridiculous with your offer and that he isn't up for telling the home owner your offer because its too low? Here's a quick run...
Account Closed
Looking to Help Beginners ! (Investing , Financing, Managing)
Hey all, I am on bigger pockets simply because I want to help beginners make that leap like I had to all on my own before I knew about bigger pockets. A quick blurb on my experience : I am a serial House Hacker I am ...