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Results (6330)
Matthew Mucker Where does the 50% rule come from?
1 May 2021 | 300 replies

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...

John Burtle Making offers on houses but the real estate agent isn't happy
3 January 2019 | 226 replies

Do you guys ever make offers on properties and the real estate agent tells you you're being ridiculous with your offer and that he isn't up for telling the home owner your offer because its too low? Here's a quick run...

Melanie Hartmann Quit My Job and Plan to Wholesale
20 April 2022 | 556 replies

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...

Tyler Jahnke Morris Invest Case Study 2.0
30 December 2024 | 819 replies

Hello BiggerPockets!I stumbled upon the Morris Invest Case Study by @Ian E. and am now inspired to document my current investment with the company. This is kind of a long post, but I hope you stay with me. Clayton Mor...

Brandon H. Solo 401K LLC Bank Account
20 August 2017 | 6 replies

I've established a Solo 401K/LLC (similar to the IRA/LLC structure), but I am having trouble getting the LLC's bank account created. At BoA and Wells Fargo, their applications assume the business owner is an individua...

Nathan Gesner What's going to happen to NY City?
5 April 2022 | 186 replies

There aren't enough renters to build demand so prices are dropping. They're dropping so low that Landlords are choosing to keep the units vacant rather than fill them at reduced prices. In August, they warehoused over...

Yongming Huang Why are real estate agent commissions so high in the US?
10 July 2024 | 87 replies

I have watched several discussions, including David Greene's video, around the recent lawsuit against NAR and RE brokerages. Learned a lot but there is one thing I just don't understand. If we look at the numbers, the...

JC Wu Roofstock review. NEWBIES BEWARE!!
28 July 2021 | 171 replies

Looks like most of the reviews or case studies on Roofstock are about the closing process. I suppose since the vast majority of investors who’ve purchased properties from Roofstock use the properties as buy-and-hold r...

Account Closed Home sellers would no longer be forced to pay up to 6 percent commission to agents
25 March 2024 | 214 replies

American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commissi...