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...
Why would the price have not been negotiated up $2.00 to $754,500 or down $98.00 to $754,400, a round number? Do you know how much chaos and extra time and effort throughout the loan process correcting the sales pri...
Hi Guys ~ I have a property under contract, that will be my first wholesale deal, barring any disasters. The house is an extreme hoarder house. The heirs inherited the property. One of the siblings had lived in it for...
After holding a few properties in my name, I decided to start an LLC for asset protection as it is recommended everywhere, so my latest property is held in that LLC.
I find it so unconvenient to have an LLC, insurers ...
Good Morning Bigger Pockets!! Hey just curious what age you were when you started investing in real estate. Little background on me. I'm 59 have a great job in an industry that I'm burned out in. Live 3 hours from fri...
Anyone have any hands on experience as guests/clients or your own vacation rental investments?I'm anxious to hear from folks who've had personal hands on experience with both. We will be expanding our vacation propert...
Well, after seeing all of Sammy B’s post, i thought I’d start my own to keep track of how I’m doing. My goal is to retire by 50. I’ll be turning 36 soon. If I can average at least $300 a month per door, then I figure ...
I’d like to share my strategies here to help others make money and turn the worst war zone, vacant areas into safe spots for families to live.
I’m by no means the only one doing it. It’s just hard to find people t...
The FED is slowing pace on rate hikes, the consumer is slowing and the economy is headed into a recession? These are all guesses at this point and some believe this will happen or is happening. If the FED eases with...
Hello Everyone! I am a senior in High School about to graduate and am very tempted to drop the idea of going to College and dedicate the next four years of my life to working full time and saving all of my money to pu...