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...
Jay C.
Are Realtors days numbered?
I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
Jason Ridout
What value do you put on your image?
I worked in the automotive repair industry for over 15 years where my image was not of major relevance. Employees wore coveralls and had no personal dealings with the public. You don't need to look like a rockstar to ...
Sharad M.
What is wrong with some wholesalers?
So this morning I get a text from a wholesaler about a property. He is asking $50,500 and I Google the address and surprise surprise, the house is listed on MLS for $45,900. It has been active for about 30 days.It's l...
Scott L.
Comparing crowdfunding sites for RE
I'm a relatively new private investor and have begun experimenting with the crowdfunding sites, to get into a wider variety of deals at a lower contribution if the terms and restrictions turn out to be viable, or a...
Christopher Middleton
Life Insurance used as a bank account
I was listening to some old podcasts from "The Real Estate Guys" today. They had a special guest speaking about using life insurance as a better bank account for REI's.
Has anyone used Whole Life Insurance as a bank...
Alex SImon
Ohio Cashflow LLC
Has anyone had any dealings with Ohio Cashflow LLC? I've seen that they have a bit of a presence here on the BiggerPockets forums, including some informational videos that they put up (Yellow Ladder Tip of the Day). ...
Michael Swan
Should I Stay or Should I Go Now? If I Stay There Will Be Trouble
Why have you not sold, refinanced, or 1031 exchanged your pricey RE for more cash flow? I did and went from $50,000 cash flow to my current $120,000 cash flow and in 2 months moving to $160,000 cash flow. Would you h...
Rick Griffith
Why you won't be successful in Real Estate, despite what you know
This Saturday I awoke early, and got in my car to start my 1 1/2 trip to Philadelphia. Ron LeGrand, the millionaire real estate investor was set to speak. My Real Estate education goes as far as some courses and b...
Cameron Bock
Rogue Roofer: A Property Manager Story
The story you are about to read has transpired over the past 6-8 months. There are areas in which I made mistakes and contractors made mistakes. This is completely factual, and, looking back on it, was a great learnin...