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...

Would anyone recommend taking on properties only as you can afford to buy them cash? Or is taking on debt in order to secure new properties recommended.Currently I do not like debt because of the obvious cost of borro...

As we all observe and fear the Coronavirus, we see many cities under “shelter-at-home” restrictions, and many “non-essential” businesses closing. Then on the other hand, the Fed lowered rates almost to zero, and mortg...

Purchased a triplex 2 years ago and obtained a 4.75% 30 yr. fixed. I am purchasing another triplex in the same area and was just quoted 3.75% for a 10 yr. ARM. Unfortunately the lender wont offer the 3.75% rate on the...

Who's your favorite fake guru?
Oh my... this is not an easy question - so many to chose from. From the fake lifestyles, the rented yachts, private jets, Lamborghini's/ Ferrari's, and most of all the fake success. One...

What should I do ?My realtor is a great guy but this is the second deal that he refuses to show me ( he rather give me the number to call ) stating "he is not driving 20 miles for 500$ commission"I saw a condo where t...

Hi!So I've been listening to a lot of podcasts and following the forums. I'm from the Bay Area, California and since prices are crazy here I'd like to invest out of state. I have this goal of acquiring a property befo...

I made a offer on a property HW has listed via my agent yesterday.  All cash, 7k under 135k ask after determining the flat roof was in need  of repairs.   My agent followed up later in the day after submitting the off...

...Dumb.
[Sorry to be mean.  My comments as an owner -- rant ahead]
Seriously.  How much are you guys paying for your "lists".   How many of you think buying a list of: owners that got a red tag.  owners that got an...

Alright, I just read a post from a guru pitching services on BP. I did not want to respond with what I really think, but let me tell you my story here instead.
In 2007 I went to a RichDad seminar: after the free Thur...