Marian Smith
Why hiring a PM is CRAZY!
Just thought I’d write a few words as a counterpoint to the trending post.I own and self-manage 5 properties. I have had rent collection issues but never had to evict anyone, nor have I lost even a month’s rent. But...
Jason Schmidt
can someone please explain this 50% rule to me?
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
Andrea Cole
How are you handling Coronavirus cancellations?
We have a Strict cancellation policy but guests are asking for full refunds due to events that are cancelled in the area. We are not in a region of the US that Airbnb recognizes in the extenuating circumstance guideli...
Joel Florek
Rural Multifamily, who is doing it?
My question is simple. Who is investing in rural America, why are you doing it and what is your experience? Is it your longterm goal or is it a temporary goal to achieve cash flow?Lets define rural America as towns of...
Brad Moncado
Anyone else built passive income from Vacation Rentals?
Who else has been able to leave their job and have freedom in their life from owning vacation rentals listing on Airbnb and Homeaway? I live in Branson, MO and love my business. Who else is out there?
Joshua Dorkin
Beware of the Real Estate Guru Trap: What to Look for & How to Protect Yourself
Blogger Andrew MacDonald, yesterday posted an article on the BiggerPockets Blog that is an absolute MUST READ for anyone considering spending their money on a real estate guru.
The article breaks down both the typica...
Jeffrey Radcliffe
What are you investing in with your Solo 401K?
Hello, BP Community,If you have a Solo 401K w/ $100K to invest, how would you invest it, or what are you currently investing in with your Solo 401K? I am considering investing in a small rental property and paying cas...
Jonah Slove
Time to sell?
My fiancé owes a small 2bed 2bath townhouse outright. It was her primary with a roommate until she moved in with me, now it is rented fully. It is valued at $1.3mil and she bought for $550k 5 years ago so not a bad re...
Andrew McManamon
Investing in Bitcoins
Hello BP,
I’ve seen numerous investors preach to invest in bitcoin. I thought I’d ask the BP community on whether or not it would be a good idea to do so. Some people say it’ll be a “trend” that’ll end, others say the...
Duy Nguyen
Direct Mail - is it still working?
Hello all,What kind of marketing strategy are you guys doing nowadays? Does DM still work in today’s competitive market? I sent out 3.9K letter this past month (I am committed for a 6 months campaign). It has been abo...