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...
Suzette West
Heads Up Ohio Wholesalers! Potential NEW Legal Ramifications of Wholesaling
The other day, I had an interesting conversation with the executive director of the Ohio Department of Commerce. He had called me in response to a complaint I filed against a broker who asked me not to make any offers...
Paula Impala
Norada Capital Management suspending payments
I invested in Norada Capital Management and was coming here to connect with others who have invested. Did not receive my payment from Norada this month (June) and just received the following notification in my email....
Brian Adams
I quit my CPA Job to buy Large Apartment Buildings
I have always been fascinated with real estate.I started in 2000 investing in a couple rental houses.My "AHA" moment came in 2008 to move away from the single rentals and graduate up to large apartment complexes.My ba...
Jason V.
The Current MF Market and Potential Repercussions of a Correction
Good Morning BP!Summary: How do smart investors hedge against market corrections in the commercial multi-family sector? And should required reserves for a property be factored in to calculations for CoC and/or IRR? Th...
Clara Tang
Big headache - tenant won't move after lease expired
She told us she would not renew the lease in Jun as she bought a house and would close in July. However, on July 30th, she said her closing date was postponed to Aug 9th and she wanted to stay until Aug 10th.We found...
Kyle Marek
Using a Property Manager - bad idea?
I'm young and trying to learn as much about real estate property rental investing as possible. Like a lot of first time investors, I'm looking to break in through multi-family properties. I reached out to my grandpa (...
Paul Choate
Bought a Trailer Park at auction- feeling a little nervous....
I had been powering through bp podcasts and feeling my oats, so yesterday I went to an auction of a small trailer park just to see what it would go for. (I had previously seen it with the broker but they were asking t...
John Payne
When is it too late to tie up a Pre Foreclosure deal?
Learning more and more about Pre Foreclosures and Notice of Defaults, but one nuanced question. Whether paying cash or taking the property subject-to, the overdue lien that is causing the foreclosure in the first plac...
Hank Olken
Ethics Around Reducing Tax Liability
Hi all, as I've been getting more into real estate investing, it's become quite clear that the US tax code favors business owners and real estate investors rather than W2 employees or self-employed business owners. On...