Alfred Bell
What do you want Mr. Notebuyer?
I'm going to sell a condo down in Palm Desert California that I fully remodeled. I want to sell it with owner financing to facilitate a fast sale (lot of inventory in the desert and market time is VERY slow). Asking p...
Will Barnard
Validate the 50% rule
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Jimmy Humphrey
Over Leveraged?
Hi,Listening to some of the podcasts and reading the blog, I keep feeling this inner red flag that keeps popping up in me. I get the feeling that a lot of folks are advocating being over leveraged and taking on an un...
Joshua D.
Help my wife and I solve this FIGHT. Should I get a W-2 job?
Hello all. My wife and I are having a disagreement that we need you to weigh in on. Here is what we are having a hard time with:We started dating in 2012, and I've always held a W-2 job of some kind. I hated the l...
Peter Vekselman
Success Rate in Real Estate...Shockingly Low
If you had to guess, what is the success rate in real estate investing? Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...
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...
Jack B.
Will housing crash in 2026 or has it already crashed? Expert called last two crashes.
This guy called the last two crashes, says there will be one in 2026 too. https://www.thisismoney.co.uk/money/mortgageshome/article-12...But we have the lowest demand since the 90's, even lower than the 2008 crash. Pr...
Dovid Staples
Opendoor & Offerpad; What's Their Angle?
I haven't seen anything in the forums less than a year old about this, but here on phoenix I hear a commercial for Offerpad/Opendoor perhaps 4-5 times a day. Always kinda figured they must lowball quick cash offers an...
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...
Robin Grimes
Tenant Applicants say the dumbest things
Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...