When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
Hello,So I'm still very much a newbie and this is probably a newbie question. I don't mean to offend anyone but I figured I'd atleast ask Why do Guru's or the Experienced Investors waste there time with Investor clubs...
For those that saw my first BP post yesterday asking if you would allow chickens, and if so, what you would charge for a deposit...I met said applicant today. When I informed her that there would be strict guidelines ...
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...
I was informed today by my property manager that he keeps all the late payments when tenants pay rent late. Is that the norm or should I contest this? I know it could probably go either way and depends on what is in t...
Hello BP!!!Does anybody have experience being a member of Tax Lien Investment Club. I was quite quick to join them in a "free real estate investment seminar" from Success Path, but after realizing that Succes Path is...
So, I'm still learning the ropes and not ready to jump in to actual investing just yet, but I just wanted to throw my plan out there and see what people thought of it (especially Kansas City folk). Obviously the main ...
I'm looking forward recent experience from any BP folks who have bought into Alex Martinez's Pro Wholesaler course. He is focusing on using the MLS to find motivated seller leads and then making offers through the li...
We just recently started house renovation and got red tagged by the city inspector. I guess he saw dumpster while driving around or maybe neighbors complained. So we learned never leave dumpster in city limits.
Could...
Be careful when discussing or posting wholesale deals on Bigger Pockets' forums. Myself and several other wholesalers in my area have gotten complained on to the Florida DBPR and after looking into it we determined th...