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...
Hello,My wife and I are house hacking in a duplex, but are hoping to move out soon into another duplex that we hope to house hack as well. Currently, we are taking care of the entire yard ourselves, but once we move o...
This was a question in the forum that I responded to. Seeing as I went in-depth with my response, I decided to make it into a forum post, in hopes this information may be helpful to other newbies. Please keep in mind ...
When I help new investors with buying their first property I often want to know what is holding them back from pulling the trigger.So I'll ask here. What is holding you back?
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Hi everyone!I'm Summer (Newbie for real estate) My stupidity was I 100% trusted the realtor when he said the house (duplex) is a good and I don't need an inspector and I did believed him. Then I sign everything and to...
Morning BP Family!We are at day 29, which would be 3 days past the drop from 219,9 to 209,9. Our agent should be contacting his list of guests that walked and other interested clients to obtain feedback from their wa...
Hello BP community! I wanted to take the time and ask you guys what you guys have planned for your Real Estate Investing careers in the upcoming year. Its a beneficial thing to bring goals to the surface and just shar...
Hi there! I am blessed to currently have $400k cash to invest in real estate deals. I am looking to invest nationally (remotely). I have a running plan but I am just starting out in REI and am not interested in moving...
Be careful when discussing or posting wholesale deals on Bigger Pockets' forums. Myself and several other wholesalers in my area have gotten complained on to the Florida DBPR and after looking into it we determined th...