Jason Schmidt
can someone please explain this 50% rule to me?
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
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...
Charlie MacPherson
Airbnb fights back against Boston!
The City of Boston recently enacted regulations that severely restrict property owners from renting out their homes by the night, unless the owner lives in the unit - a move aimed squarely at Airbnb.I don't have a dog...
Alicia Marks
QOTW: How long did it take you to purchase your first investment?
Welcome to our question of the week! Based on last week's responses, we have a lot of lurkers that have not purchased their first property. Buying the first, or even second and third can feel pretty nerve wracking. So...
Casey Roman
My Cash...is Worthless.
I have been trying for years to reinvest $100,000 into some form of real estate and have gotten absolutely nowhere. Because I own my own business and deduct HEAVILY off it, I qualify for zero mortgages, even with perf...
Mark Gallagher
Diary - Buying a non-performing note NPN from start to finish
For the past few months, years perhaps, I've been trying to soak up knowledge in the area of note buying. It has been especially intriguing to me since my partner and I handle a large volume of foreclosures and I get ...
Jeff Warner
Anyone use a Buyers Agent to offer on REO's?
I'm curious how many people use a Buyers Agent to flip REO's instead of going directly through the Listing Agent? If so, are you having success?
I'm NOT trying to go the route of making 100's of lowball offers and b...
Mary Ann Casey
Tenant Causes $14k Damage to IN Rental Property
Thank goodness for BiggerPockets! Hoping you can help me with an issue I have on a tenant-damaged rental property.
The property is in Indianapolis IN and managed by a Property Management company; I live in California...
Bukka Levy
Turn Key. Why all the hate?
Not my first post about buying out of state but I am perplexed. Why all the hate towards “turn key”? To be more direct, if it meets the bigger pockets guidelines/numbers, what’s the problem?And if you can resist, thi...
Brian Bradley
Asset Protection for Real Estate Investors
Hello BP members and investors. I am an Asset Protection Attorney specifically for Real Estate Investors. I see lots of questions on this topic about how to structure your companies and protect your investments, but n...