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...
Tom Ott
Forbes: The Best Markets For Real Estate Investments in 2019
Hello Everyone!I saw this article last night and I was wondering how many of you feel the same? They seem to be all over the place, which is probably a good thing! It looks like some of the older investment cities hav...
Mr Good
A range of questions for the experts
Hi,
Found a property in a good location, minutes away and no traffic (big problem here) to huge employment areas.
House for sale is on a private side street, custom built 2002, surrounded by 4 other 50 yr old homes ...
Seth B.
Is my cash flow really $135.75/month?
I bought a duplex a couple of months ago. Here are the numbers:
Purchase price $85,000 (I put 25% down)
Monthly payment including taxes and insurance is $585/month
Total rent for both sides is $1,...
Ryan Thomas
Should I sell one of my rentals? A risk/reward quandary...
So, here are the specifics...the neighborhood in which I bought my first house has blown up for some reason. Our area in general is probably up 30% from last year, and this neighborhood is probably up closer to 50-60%...
Account Closed
Tax Downsides to Paying Off a Mortgage
Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...
Kesha Myrick
Why Is This Seller Stalling??!?
Hello all. I've gone through so much turmoil in life . . .including beating cancer 3X . . .so to come to this point as I finally have been granted a 3rd chance at life is frustrating to say the least. My offer was acc...
Jamie Wooley
HELP!!! Major sewer leak under slab unexpected!
I have a rehab property here in Garland and I finished the foundation only to get the call from the company telling me I had a leak. Of course I got a second opinion my neighbor who owns a plumbing company to go out ...
Michael Guzik
Short Term Rentals Slowing Down due to Negative Media Coverage??
I'm not sure if everyone is on Twitter or Facebook, but there's been a pretty noticeable movement (usually among among millenials / Gen Z) to bash Airbnb / short term rentals. Everything from "creeper" landlords, to "...
Ben Leybovich
What is the best deal you've put together with under $10,000 cash
It's best to have both knoledge and money. But, if you had to have one or the other, you would chose knowledge - of course. In this spirit:
What is the best deal that you've put together requiring $10,000 of YOUR c...