Mike Jacovelli
Is it really worth it telling people your real estate goals?
I know its encouraged here to tell your friends and family your goals with real estate. Tell everyone what you want to do and are looking for. My problem is everytime I do, I constantly have to defend myself and the r...
Ravi Chaudhari
Turnkey Companies
Hey all, I've just started looking into out-of-state investing and have been reading about turnkey property companies. I would like to hear about your experiences working with turnkey companies. I can see the advant...
Account Closed
Top 3 Investment Areas In Pittsburgh Over The Next 4-7 Years
"Oh, THAT neighborhood? It's definitely going to be the next Lawrenceville."
I hear this said ALL. THE. TIME. And yet somehow it always seems to be a different neighborhood. Sure there's some overlap in answers. But ...
Louis W.
Dealing with Tenants who are bringing up laws.
Hi BP community,I am pretty new to running a rental property. I recently took over managing a property for family in the San Francisco. I was discussing rent and property situation with my tenants, and they got pretty...
Calus Glispie
Deal turned down bc of my “$1” earnest money..
So one of my deals I’m working on took me a while to get in contact with the owner but after following up we spoke and agreed on a price. i emailed him the contract and he said he didn’t like the dollar amount for the...
Kyle J.
Are you wealthy?
Saw this article on MSN Money today: The answer to this question will tell you if you're wealthy. ---------------------------------------------------------------------------------------------Excerpt from the article:...
Ki Lee
Property Management is ripping me off??
Hey BP, I have a 3 unit property in Logan Square, Chicago. I have a PM management company that takes care of it, and in the past 5 years, didn't pay much attention to the numbers. As I started scrutinizing the numbers...
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...
Nik S.
Commercial Financing...
Hello Everyone! I am just getting into contract in the next few days with a 47 unit multi-family property. The numbers are great, the occupancy is high and the property is well maintained! My questions is this....
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Alex Ballesteros
All my money tied up in investment accounts
I have close to 95% of the income that i have saved over the years from working my W2 job tied up in my investment accounts. ROTH IRA, Simple IRA (thru employer), and in my personal brokerage account.Obviously since t...