If you have been investing for 5 Years or less you have been wildly successful!! However, you need to pay attention because this changing market could catch you by surprise and Crush You. Let me explain.Seller’s mark...

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...

New home sales surged to their highest point in 17 months, experiencing a 4.4% month-over-month increase on a national scale. On a year-over-year basis, new-home sales demonstrated a remarkable rise of 31.5%. This sur...

Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...

Who here is a full time wholesaler? If you could go back to the past and talk to the ‘you’ that was JUST starting out before having closed your first deal, what would you tell yourself knowing everything you know toda...

Hey Everyone,There has been some good discussion about Gastonia lately, particularly in this thread started by @Johnny Szeto. While there has been some excellent discussion and some anecdotal evidence shared by @Ty...

I am seeking the help of seasoned commercial funding professionals. I just acquired a vacant 9-unit apartment building in Jersey City, NJ. I plan to renovate it and convert it into a 9 two-bedroom/2bath condominiums...

Hi All, I own 2 condos in the same building and I'm trying to figure out how to split the purchase price between land and building in my situation. The latest tax bills have land assessed at $0. I reached out to the a...

I'm currently in the process of refinancing a 2 family house which has two 4 bedroom 3 bath units in it.  There are a shortage of multifamily comps in my area and the comps that were used are all 2 bedroom 1 bath two ...

A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...