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Results (741)
James Kerson Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies

I’d like to start a new kind of real estate brokerage. It would dually represent buyers and sellers and charge a total commission of no more than 0.6%. Instead of depending on buyer agents to drive prospects from hous...

Jason Schmidt can someone please explain this 50% rule to me?
9 July 2008 | 163 replies

I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...

Chris Meunier Pros/Cons to paying off rental property early
9 October 2023 | 94 replies

Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...

Aaron Lietz Wholesaling is like the music business - CHANGE MY MIND
30 January 2022 | 26 replies

Let's say you're at a music store one day, looking at guitars, amps, drums, and the like. A salesman (who also happens to be a guitar teacher and successful musician) begins talking to you about starting a band. He me...

Danielle C. Flip with Hard Money
22 July 2018 | 95 replies

Hi All! My husband and I have recently gotten our LLC approved by Pennsylvania and are on the look out for our first fix and flip.  I have a question about hard money. We are looking at multiple hard money lenders to ...

Son D. Morris Invest & Oceanpointe management company
29 July 2020 | 100 replies

Inspired by @Tyler Jahnke and others on BP I've decided to chronicle my experience regarding the property i've purchased with MI & OP management company from now for as long as i own it. The purpose is to hold the...

Madeline J. Ethically investing in poorer urban areas
7 June 2016 | 79 replies

For a few months I've been learning about how to use my unused income from a full-time job to invest in real estate and have been reading lots of books like Hold: How to Find, Buy and Rent Houses for Wealth, Brandon T...

Mehran K. "What If" Section 8 Were No More
3 August 2017 | 173 replies

Hey there community!

I'm closing on a property tomorrow and I'll be inheriting a Section 8 tenant. I always like to think about possible "What If" scenarios and it's got me thinking. I ponder, how would it af...

Katie Douglas Frustrated with Bigger Pocket Posts
29 November 2015 | 109 replies

Hello, I'm a newbie and this is my first post on Bigger Pockets although I have lurked here for several years. While I have been able to find invaluable information on this site, I find many of the posts (especially i...

Meryl McElwain Wholesaling-how exactly does it work?
8 January 2019 | 152 replies

I recently heard a remarkable story of a wholesaler claiming they picked up a house for 32,000 and then turned around and flipped it to a contractor for 54,000 within a span of 10 days.

The story is true; which leads...