Hi- Just wanted know what investors are experiencing in terms of cash flow while using 50% of gross rents. Are you TRULY finding properties that produce gross rents equal to 2% of the properties purchase price??? ...
The city, of course, is bad for investing. There's crime in every city I wouldn't touch with a 10' pole.
Have you not seen the appreciation numbers? Think it was 20% last year & 10% so far this year. Plus, the c...
Commercial Real Estate Investment > Residential
Many co-workers/friends (upper-middle class) invest in residential real estate to rent out and do airbnbs or furnished finders. But, no one I know is in commercial r...
I am looking for some quick opinions on the deal below. Can I really go wrong with this?? I have submitted the contract and just waiting on the seller to sign but we have already agreed verbally. I have been looking t...
I am currently under contract on a 1-bedroom septic, 3 full bath, (has 3 full bedrooms with loft space) cabin near Gatlinburg. Priced at 740 K. plus needs 30-40 K to set it up and running as a STR. Talking to some loc...
Spring of 2010.We (my father and I) purchased a home in the Inland Empire of Southern California. It was a brand new 3Bed 2Ba SFH that was listed at an unbelievably low price. A little backstory on this property; this...
I'm working on a potential article about this...So, it's rare that two romantic partners discover the awesomeness of real estate at the exact same time. So, if you discovered real estate first, how did you convince yo...
I just closed on a SFH rental in an area I'm familiar with. I closed the deal myself. For more propeties I've contacted three agents from different Brokerages and all three have given me the "thanks but no thanks" rou...
Hey everyone!
My name is Melanie Stephens and I write the “Biggest Mistakes/Lessons Learned” column for BiggerPockets Wealth Magazine.
I am looking for BP Member stories for an upcoming column on Biggest Mistakes ma...
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...