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...
Kai Sato-Franks
Dave Ramsey recommends buying everything with cash!
Hello, What have you done what do you prefer? What are the pros and cons of both? Have you guys bought real estate (multifamily or single family) in cash and rented them until you saved up for your next investment to...
Terry Portier
Why are contractors part of the problem not solution?
I read too often contractors are more of the problem rather solution to investment strategies. What if you could find a local contractor service that manged contractors based on customer satisfaction ratings you provi...
Ken Weiner
Been sued? Please share.
There are so many discussions on here about the most appropriate asset protection strategies for various situations. Umbrella policies, LLCs, holding LLCs, land trusts, etc. People debate whether someone else can si...
Jon Q.
Middle Class: Chips Are Stacked Against You
If you are middle class in America and you depend on W2 income for a living, the chips are stacked against you.1. Why are Americans who work for a living taxed more than investors who live off of their investments?2. ...
Andre Jernigan
When and How Did You Start Your Business? - Career Advice
The other day after work I got to my car and started checking my phone to respond to emails, check BiggerPockets and LinkedIn. After a while I realized that I had been sitting in my car responding to those in the real...
Account Closed
Realistic turn key cap rates?
I know I know this has been asked a ton of times before, however, in the current market, what are some realistic cap rates for fully turn key (managed) properties (multi units/apartment block) one could achieve as an ...
Jay Hinrichs
Cardone Capital and all the U tubes
Wow I don't know if anyone is watching all these U tubes on Cardone.. I have no dog in the HUNT I dont know him never met him Never watched any of his stuff. So when I start to see U tubes that are so negative I watc...
Gino Barbaro
Where do you see cap rates going over the next 24 months?
Where do you see cap rates headed in your market over the next 24 months?We just purchased a B asset at an actual 8 cap in our market. Unfortunately, it feels as if this is the last hoorah and cap rates are only goin...
Davon Lowery
I AIN'T PAY'N!! Ahhh the joys of landlording
I had the property manager send a friendly reminder, reminding tenants that rent is due on the 1st. Tenant 1, paid no problemo. Now on the other hand the other tenant states, "I get a three day grace period by law!!!"...