Matthew Mucker
Where does the 50% rule come from?
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...
Aaron Mazzrillo
The answer to those "wholesaling is illegal, unethical, immoral" statements...
$7M on one deal and it's out there for the whole world to see.http://therealdeal.com/blog/2014/10/14/joel-schreibers-waterbridge-flips-williamsburg-contract-for-106m-sources/Now, all you naysayers, please have a seat ...
Jason Palmer
Attention Wholesalers: Beware!!!
Be careful when discussing or posting wholesale deals on Bigger Pockets' forums. Myself and several other wholesalers in my area have gotten complained on to the Florida DBPR and after looking into it we determined th...
Alice K.
Ever get jealous? How do $1M homeowners own that?!
Every single time I'm in any grocery store, walking the street, or anywhere in a posh neighborhood, esp. the Bay Area, I think: * "Golly, gosh, gee, how do these people afford these wonderful homes?"* "What do I have ...
Will Barnard
Cash Flow vs. Appreciation
Many have argued/claimed here on BP that cash flow on residential properties is of vital importance and investors can not put food on the table with appreciation. I disagree. Once you have built a business with many r...
N/A N/A
Just can't get off the dime
Have been looking at a few properties but haven't been able to make the leap yet. Hard to part with money in the bank and get into another mortgage.
That said, our position is good. Plenty of cash - I have around...
Cameron Riley
Moved in a Tenant who has little kids... READ!!!!
Took a chance on a young lady with 4 kids, as many landlords know, kids can be very detrimental to a property. A large percentage of landlords discriminate against children in the application process... I decided not ...
Diane J.
Oh Goodie! Another War
Poverty is near 1960s levels again
No worries, Obama is on top of it.
"The most important anti-poverty effort is growing the economy and making sure there are enough jobs out there," Obama said Friday at a White Ho...
Account Closed
Investing out of state in Milwaukee and Indianapolis, looking for local contacts.
Hello everyone,My name is Anup Patel and I am Real Estate Investor based in California looking to invest out of state. I have some experience investing California. I looking for buy and hold properties as well as flip...
Andrew Merritt
Accumulating Rental Properties
I'm working on finding a rental property as my first deal. For right now, I'm focusing on pretty much turn-key properties. If I stick with this and spend all of my money allocated for real estate on this first prope...