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I guess my question is how accurate do you find the 50% expense rule?
If you gross rents are $2500, a margin of error of 10% on your expenses would result in a $125 difference in cash flow. This might result accepti...
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If you made it this far, then I already owe you thanks for taking the time to read my post. I've been working on this business plan for about a week now. The process has helped me tremendously. I have so much to le...
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Hey everyone,I have a friend who I have been looking to partner with in a three or four flat in Chicago. Cap rate in the areas we wanted to buy are so bad (1 or 2%), even for the add value plays (which I think in Chic...
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I am looking at investing into real estate. If you had financing for $250k, what would you invest into for your first purchase?
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I open this topic for all of us who not be able to come to the summit.
Summit attendees please write your daily experiences in this daybook maybe with some pictures if possible. So we can participate with you :).
An...
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Help BiggerPockets! I am in desperate need of some help and advice to steer me in the right direction. I jumped out there and bought a house that was supposed to be a rental property but when we looked at the area...
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My wife and I have a NNN property in rural MS which is going great. The lease is guaranteed by the parent company, so even if store goes dark, we get paid as long as the company is solvent.We live abroad and are cons...
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I bought most of my rentals at the bottom of the market or near bottom, other than 2 of them that I had to buy 1.5 years ago due to 1031 exchange that I needed to do for a long list of reasons.I have capital to deploy...
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Need advice. I received an offer on my primary residence. The buyer is asking that I carry 10% ($69k) for 5 years at 5%. The offer is a "lowball" offer and we both know that a more realistic sales price is $750k. (He ...
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Got a question for anyone:After having my grandparents home on the market for roughly 3 weeks and several viewings later with NO offers - we get one offer for $100 dollars above asking price LOL - ok so I accepted - h...