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...

Bigger pockets just released an article that goes into Wholesaling and how it can become illegal to Wholesale Real Estate in South Carolina.
Here is the link for reference:
https://www.biggerpockets.com/blog/new-sou...

I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...

NJ requires an interest bearing account. My commercial bank just quoted me $1400 per year to have online service to do this for my 12 units!!! How do other midsize landlords with escrow requirements handle this? The b...

Hello everyone,For those of you who wholesale in NJ, is it illegal? I just had a potential seller tell me that it is, I haven't heard about it being illegal.Thank you

In light of all the recent threads about COVID-19, worrying about tenants not being able to pay rent, legislation that seems to screw over landlords month after month, and ethical dilemmas about where it is our obliga...

Seems like wholesalers are pretty much unlicensed brokers. Whats the difference? A broker is the middleman, is that not what a wholesaler is? 

Hello everyone.  I am looking to connect with another member (preferably in the midwest) who is buying SFH or MFH with all cash.  I am looking to get involved with investing as a second career when I retire from my W2...