It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Few would deny that the market is cyclical. It goes up for a few years then down for a few and repeat. I want to hear from other investors your thoughts about how to handle this. We are nearing that top (especially in...
Hi All! I had to share. Against all conventional advice and wisdom, I've just quit my job. My fiance's job brings enough for us to cover are needed expenses and I have about a year's worth of savings built up on top o...
Creative suggestions for this scenario. You purchase a property that winds up having about 60-80k of equity, in need of lots of minor repairs, 3br 2ba. Only property owned, want to build on portfolio and maximize gr...
Hi I'm doing a rehab and pulled out walls of a load bearing hallway to combine two bedrooms to a master suite. Problem is a few things, the floor upstairs feels like a trampoline because the old owner who had built th...
I am just starting to acquire rental property and curious what others consider the minimum cash flow requirements for deal analysis. Per month and per unit, after expenses and debt service. Also, self manage or pay p...
Perhaps this isn't the right place to ask this, but in the most innocent way possible I am curious as to how people who have quit their jobs in order to pursue investing as a full time gig make money. Basically anythi...
First, I'm a newbie and lately I've been stalled due to the ongoing conversation/discussion on whether or not wholesaling is legal. There have been a plethora of opinions and heated discussions surrounding this topic...
I have been reading a lot of books on rental property investments and have heard varying opinions on what qualifies as a "good" rental property investment based on monthly cash flow. I've read anywhere from $80 to $60...
I was born and raised in CA. It's so heartbreaking to see what is happening to it. A recent poll says that 46% of the people plan on leaving the bay area. Let's do our own poll (FOR CALIFORNIANS or those that recentl...