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Results (7977)
Matthew Mucker Where does the 50% rule come from?
1 May 2021 | 300 replies

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...

Ben Leybovich Should Newbies Have Access to Calculators?
22 November 2015 | 92 replies

OK, y'all.  Are you new?  If so - pay attention...I got a PM today from a very nice guy.  Very well-spoken, seemingly intelligent, and well educated.He introduced himself, and congratulated me with a job well-done on ...

Daniel Mills Appraisal came back $35,000 lower than sales price (Turnkey)
9 August 2018 | 81 replies

OK. So here is the situation. I was in the process of purchasing a rental property through a Turnkey company that was asking $261,000  that just appraised at $226,000. Of course, I am not paying the original amount an...

Davido Davido Seeking to use abandoned Tax Delinquent properties for privacy & tax avoidance
30 January 2017 | 41 replies

Hello friends in the BP community.Can you help me to develop this plan for investing in abandoned Washington State real estate with emphasis high on ethics and to maximize my business privacy while minimizing my entan...

Andrew Neal How many investors went straight into Multi Family?
22 January 2019 | 136 replies

I am curious how many investors went straight into multi family or even quickly into MF?What were your reasons for doing so?What did your first deal look like?

Matthew B. Getting City Permits and Doing the Work Yourself
20 September 2017 | 85 replies

I have two duplexes that need the windows replaced. Me and my Dad are planning on doing the work ourselves since we know how to do it and we can save a substantial amount of money. The problem is getting a permit from...

Patrick Goswitz Purchasing Material For Contractors
24 October 2024 | 139 replies

I found a contractor I like to rehab a house I bought. Is it best for the investor to always purchase the material? I am assuming the answer is "yes" to get credit card points and prevent a contractor from charging a ...

Adriel Hsu How I Made 12 Deadly Mistakes & Still Broke Even on my First Deal
13 February 2022 | 146 replies

My First Deal and the 12 Deadly Mistakes I MadeThe quick and dirty numbers: Purchase Price: $17,307Purchase Closing Costs: $2000Rehab Costs: $80,748Roof: $6538Foundation: $3000Handyman Labor: $19,284Dumpster: $4378Ele...