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I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
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HI BP, I was at a Financial College meeting with a man I've met twice. Everything was about college, until he asked, "Do you want to go to college?" I answered, saying that I knew it was a terrible investment that Im ...
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Just watched this show with my wife last night. It made me think of the quote the rich get richer but I'm still pretty skeptical. The show basically went as follows:If you have 300k cash to spare go buy a foreclosure/...
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Good morning everyone (it is morning for me and most likely this post will appear when it will be morning for you)... Yes I am from a far-far-away land called MADAGASCAR (and no, there are no penguins, lions, giraffes...
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My very first deal:Purchase price: $205,000Down payment: 11% + 2% closing costsHouse Type: Single FamilySqft: 678 (WHAT? This isn't even a tight market nor a great neighbourhood. How did I get sold this crap lol)Locat...
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http://www.usfunds.com/investor-library/frank-talk/what-does-it-take-to-be-in-the-top-1-percent-not-as-much-as-you-think/#.VJbSI8BE4
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A little background first. In 2011-2012 purchased with 20% down loans 10 condos in sunny San Diego. Averaging about $48,000.00 cash flow. Life was good. Then I calculated my return on Equity and noticed San Diego ...
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Anyone recently purchase Jason's course? He has some commercial strategies that were very thought provoking. I believe he is new to the guru circuit, and notices everyone and there mom selling his product.
Hello,I am new to Bigger Pockets. I am trying to help my mother who is in a difficult real estate situation (I apologize for this lengthy email in advance but it is a complex situation). She lives in Hawaii but purcha...
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So, I'm purchasing my first single family as a rental. East Providence, quiet B neighborhood. 3 beds/2 bath. I'd say that the unit is C+ or B- quality, with the nicer homes in the neighborhood being the owner occupied...