RICARDO RUIZ
50% EXPENSE RULE
Where does this rule come from ? Is there data supporting it ? I have couple friends with rental and they completely disagree with 50% expense rule..They believe its expenses are much less that 50% of one months rent....
Ben Einspahr
Denver STR House Hack| Complete Basement Remodel
I want to highlight the success story of Jon Patterson most recent House Hack purchase. Excellent work with the full basement remodel and adding kitchenette! Keep on crushing it!Investment Info:
Granny Suite / STR B...
Brian Lucier
Questions on Preferred Rate of Return in Syndication Deals
Hello BP Multi-Family Peers,Quite a few books ago I read @JoeFairless "The Best Ever Apartment Syndication Book". Fabulous book with step-by-step checklists and procedures to create a syndication business from the gro...
Kari Morales
Question about a seller providing rent rolls
I am looking at putting an offer in for a fourplex, but I am having trouble getting solid information from the seller about the past rental history. My agent, at my request, has reached out asking the sellers agent fo...
Anthony Cecchini
How does/did your original career (what you did for work) prior to real estate investing, help with your current investing scheme
I apologize for probably not wording this extremely well, but for for example if you were a teacher, contractor, police officer, attorney, IT specialist, engineer, etc etc etc...
How have you been able to tra...
Josh Kroll
MACRS Depreciation for Manufactured Homes not anchored to land
I would greatly appreciate if someone could let me know the correct # of MACRS depreciation years that a manufactured home not anchored to land (e.g. sitting on leased land). Specific links or references to IRS public...
Nathan Gesner
How long does eviction take?
How long does it take you to evict a tenant in your market? What are the most common reasons for delays?
Michael Sothern
Using Credit Card Cash Advance 0% interest for 12 months
Due to my lack of documented income (I am paid in cash) I have had a hard time qualifying for a loan. Credit score of 750+.
Example of property I am looking to purchase:
Credit Card Cash Advance: $30,000.
Personal ...
Jennifer Jones
Landlord trying to withhold entire deposit
We have just moved out of a property we rented for 3 plus years and our landlord is trying to withhold our entire deposit for charges/ damages he's gathering at almost three times the deposit. Hes trying to charge us ...
McKean Farnell
"I've heard about ChatGPT but I'm not sure how to use it..."
Hey Everyone!
I’m a student at USC studying real estate, and a lot of talk on campus is about how to use AI tools like ChatGPT in the real estate industry.
My questions are for those who have heard about the techno...