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50% rule and the 2% rule
I thought I had heard another investor say that the two rules were basically the same thing. Maybe I misunderstood, but if not could someone explain how they are the same thing??? And also, the 2% rule seems to work...
Justin Westmoreland
Why do a lot of investors stay away from medium to larger multis?
I have been listening to a good amount of podcasts on here and it seems to me that most investors who invest in multi family are staying small meaning anywhere from 2-15units. I understand that it depends on each indi...
Jeff Cutter
Florida purchase contract
Hello BP Community-I'm a new user and future Real Estate Investor in Central FL. I was wondering if anyone from my area would be able to share a Wholesaling Contract template with me that includes a "walk away" clause...
Coleman Nelson
Tips on Setting up New Property Management Company
My business partners and I just created a new property management company here in Cincinnati, Ohio to manage the properties in our portfolio. I am hoping that current PMs and owners who use PMs can offer some tips on...
Nicholas Cotroneo
DIY Landlords What would it take for you to turn your property over to a Manager
Hey Folks, I have several friends who have properties that they manage themselves. I am trying to build my portfolio as a property manager but most are unwilling to turn over their properties because they do not see ...
Pablo Pozo
Would you own rental properties free and clear (No mortgage)
Hello biggerpocket members,Me and my wife are still relatively inexperienced in the world of Real Estate investing. I considered my self a conservative guy and my strategy is to buy and hold. I have one rental (renta...
Will F.
Next area to gentrify in Los Angeles? Silverlake, Echopark, Highland Park etc What's Next?
(I'm kind of copying @joederobertis' other post asking for predictions about beachcities poised to boom.)Since so many neighborhoods in LA have been gentrifying recently into "cool yuppy/hipster" areas. Heck even San...
Jake Carter
My Short Sale Experience with WaMu/Ocwen
Hi all,
I am in the process of a short sale on my home here in CA. I started keeping a log of what has happened so far and thought it might benefit others if I share what happens. So I googled for a short sale/forecl...
Justin Silverio
What is your best rebuttal?
When talking to a seller, what is your best rebuttal for "A real estate agent said that I could get $X for the home".
Assume $X is much higher than an investor would be willing to pay.
Karen Margrave
GOALS FOR THE NEW YEAR?
Seems like we were just answering this question. Time flies.
What are your goals for business in the coming new year?
What part has BP played in your business this past year?
I want to ...