This happens to me time and time again. I just got off the phone with a seller of a house in Florissant MO who told me that 5 other people made offers on his house and that my offer was less than half of what the nex...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37326/small_1621388566-avatar-seawolf177.jpg?twic=v1/output=image&v=2)
Like the title says, how much do you pay your private lenders? I have seen that 8% - 15% seems like the average.
Now another question - is that 8-15% on the money they lend you or of your final profit?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/695191/small_1687309457-avatar-cashflowty.jpg?twic=v1/output=image&v=2)
I’m reading the book on long distance investing and it’s on the part about warzones and I’ve never heard of anyone having a great experience investing or managing property in those areas. I read the section 8 bible bo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/141837/small_1621419078-avatar-athenaproperty.jpg?twic=v1/output=image&v=2)
I purchased a property in Miami Dade a few years back. A year after owning it, a new tenant moved in and when she tried to turn the water service on, she was told there was a lien for unpaid water. The water company w...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/66716/small_1621413864-avatar-timgordon.jpg?twic=v1/output=image&v=2)
In 2013 I had some good timing. Purchased a four unit apartment building, built in 1980 with major tenant and management issues. It cost me around $360k all in but I used an FHA203k loan so my out of pocket was around...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/17589/small_1621359781-avatar-nchallans.jpg?twic=v1/output=image&v=2)
Many say grit and persistence keeps us going. @Engelo Rumora reminds us to be willing to keep going when you don't think you can keep going any longer. And I've learned that its about the relationships that you build...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/187131/small_1621431868-avatar-redline29.jpg?twic=v1/output=image&v=2)
Hey BP! In 2017, so far I have run into about eight wholesalers who were:-Marketing properties they did not have under contract-Daisy-chaining deals 3 and 4 deep-Marking properties up 200 or more percent-Dealing with ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1127857/small_1626888117-avatar-kayleebp.jpg?twic=v1/output=image&v=2)
Here's your chance to be featured in the next issue of BiggerPockets Wealth Magazine!In 50 words or less, what's the best real estate deal you've ever done?
By responding here, you're allowing us to print your name...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/192127/small_1656527466-avatar-kevinhill.jpg?twic=v1/output=image&v=2)
I don't want to announce the sky is falling and be a Debbie Downer, but in my opinion, now is NOT the time to be investing in real estate for rookie investors, especially flips. I keep seeing a lot of posts from newbi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3010/small_1621346391-avatar-nogginboink.jpg?twic=v1/output=image&v=2)
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...