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...
Don Konipol
Can a “Subject to” Transaction be done SAFELY?
Can a “subject to” transaction be done safely? There’s been a LOT of “hostility” on BP toward subject to transactions. Some posters have gone so far as to call these transactions scams, questioning the legality, mora...
Shawn M.
Pay Rent Online?
The last renter I had paid by cash or money order. Now that I will be renting out two units in the next month I am wondering if I should go with an online option to pay rent. How do you collect your rent? Do you us...
Account Closed
Proof of funds question
Hi,
Is there a company that would provide proof of funds for a fee? We would like to include a proof of funds letter with our offers sent.
We want to make sure it's a legitimate company/bank and not a f...
Ron T.
Robert Kiyosaki The Lazy way to invest in real estate.
Have some of you read this book? Is there new unique methods that we should know that aren’t discussed on Bigger Pockets? I’d appreciate comments or brief review. I’d love to think there WAS a (Profitable) lazy way...
Thor Sveinbjoernsson
You have 6 months to liquidate your assets
I’ve been doing a lot of research lately and I wanted to share with you guys what I have found about the correlation between unemployment, delinquencies and housing prices. During the 2008 housing crisis the housing ...
Kathleen J.
Tenant Forging Electronic Payment Receipts
We have billed our tenants through Quick Books for several years. In August I unwittingly took on a "Professional Tenant" who is making my life a nightmare.His September rent was 21 days late. He insisted his paymen...
Ramon E Alvarez
IMF: "credit scores could soon be based on web browsing history"
The International Monetary Fund (IMF) has published the results of research conducted into how lenders are likely to be doing their business in the future, and what new information and personal data these companies pl...
Dan Farrell
Who has been using Social Media for Marketing?
I am interested to see what you are all doing regarding social media advertising. I am working on a hub method using a blog with twitter, facebook, and articles feeding that hub.
Has anyone found a more useful met...
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...