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...
David To
California call for class action lawsuit on Eviction Moratorium
So I owe two homes that I'm renting out, one tenant is paying just fine but the other tenant owes me two months of non-payment and are not paying since she's been unemployed. If she applies for unemployment, she'd be ...
Ciera Calhoun
Lifestyles Unlimited of Texas
I recently found out about a real estate investing mentor group called Lifestyles Unlimited based in Texas and decided to do some research on it. I came across a thread on this forum about the company from 2008 and ve...
Account Closed
Trump/CDC Halts evictions nationwide to the end of the year
Trump and the CDC are using public health authority to halt residential evictions for nonpayment through the end of 2020:
https://www.cnbc.com/2020/09/01/trump-administration-moves-to-halt-evictions-during-coronaviru...
Nathan Gesner
Oregon extends rent repayment another year!
https://abcnews.go.com/Health/...Yes, they are giving tenants an additional year to catch up on rent. I would love to know how someone can be that far behind on rent when they've received two stimulus checks, unemploy...
David Zheng
Stop Asking for Help. Just Stop.
I've gotten so many investors asking me what areas, neighborhoods, ZIP codes I've worked in, it's ridiculous. STOP DOING THAT TO PEOPLE.Do people have no shame when they are essentially trying to drink from the same w...
Taylor Nunn
If you started all over again, what would you do differently?
I've come across a lot of different stories on Bigger Pockets, and there are people who come from all different types of backgrounds. Everyone has had a different starting point. If you were young again, where would y...
Account Closed
Ramsey vs Kiyosaki - To borrow, or not to borrow?
I am a big Dave Ramsey fan, and I have been for years. I am debt free, except for my house and intent to stay that way. Well, at least I intended to stay that way. I recently read Rich Dad, Poor Dad. Robert Kiyosaki's...
Scott Trench
Tenants Who Pay a Full Year Upfront
Are bad news, according to nearly every experienced landlord I've seen chime in on these types of threads. However, it seems that many newbie investors (some with even less than my three years experience) like to chim...
Isaac El
Vacant house - owner says not for sale - what is your strategy?
I am new to cold calling - can definitely use tips from the pros on BPWent driving for dollars and got list of a bunch of vacant houses that are in very distressed conditionGot the owners informationCall the property ...