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Results (6868)
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...

Bill Plymouth What's with the animosity towards whole-salers?
10 September 2019 | 147 replies

Perhaps I'm generalizing, but I see some heavy hostility towards the idea of whole-saling in the forums.  Why do a lot of members seem to be so against wholesale?  I've seen "unethical" and "shady" thrown around a lot...

Kevin Gerace Anywhere else the 1% Rule doesn't work out?
18 December 2015 | 51 replies

So there must be other places like my town. The average (decent shape) 2 family home is selling from 250k-325k. And the average rent is $1100-$1300. These numbers don't work out for the 1% rule. Everything I've ever r...

Matthew McNeil Rent Strike Will Become Psychological Nemesis
20 April 2020 | 53 replies

I’ve read a few articles reporting that the idea of Rent Strike(s) is gaining momentum. Apparently, advocates have moved past a request seeking deferred payments, or other options, to simply demanding that rent be wai...

Tomasz Banas Bank's unethical techniques - what to do?
20 March 2017 | 60 replies

I got one condo under contract (buy & hold). After receiving the condo questionnaire I found this condo is a non-warrantable. I was able to find a local bank by searching for properties that closed in the same com...

Joe T. Tenant won't submit repairs in writing
4 September 2015 | 69 replies

I'm starting to get annoyed with my first tenant, and as a first time landlord, i'm not sure what to do. A little background information -Tenant moves in and "forgets" to do move in property and condition form. I info...

Mark Parzych Houston Flip - Regular Updates from Start to Finish
26 February 2019 | 71 replies

I am closing on my 5th house, which is my 7th deal, on October 17th and my plan is to renovation and sell it. I'm buying it from another investor who started writing about it in his BP blog but I won't share those det...

Ben Leybovich 164-Unit Closed in Phoenix, AZ!
10 January 2022 | 89 replies

I am excited to announce the addition of Ridgepoint Apartments to our Phoenix portfolio. This is a wonderful, mid-80'es construction 164-unit. Original interiors will be upgraded, and the asset will be re-positioned. ...

Joyce Jackson My tenants have infested my home w Roaches! What now
27 August 2020 | 60 replies

We rented our home out to a family on Section 8. It was our first rental and we made errors did not do our due diligence. We discovered several violations against their lease agreement early on but faced the challenge...

Peter Tverdov Why commercial over residential?
11 January 2017 | 66 replies

I have an opportunity approaching in 2017 to buy a small MXU building ($500-$600k). I am running the numbers and between the high insurance rate and the much higher interest rates with shorter amortization schedules, ...