I'm in Massachusetts where things aren't cheap. I can't imagine ever getting close to the 2% rule on an acquisition. Maybe I've got it wrong:

Total monthly income from the property / 2% = purchase price. ??
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What would you guys recommend for getting funds for a first deal? I am a senior in high school who is very low on funds and want enough money for a deal when I turn 18.

Also, I would like to get a credit card to est...

All,I came across an opportunity that has the following numbers.  I am trying to figure out if I should pull the trigger.Neighborhood: C+/CAsking Price: $40,000Monthly Rent: $800Last year's taxes was $851Annual NOI: $...

Hello friends!
I recently lost my job due to COVID, and I had a work history with a good income for 4 years. Now that I decided to chase what I really want which is Rental Investment, I've come across this roadblock....

The world will end as we own it.

Thousands of property managers place here by ancient aliens will surface from the bowels of the earth. They will infiltrate and already incompetent property manager base to further s...

Hi Everyone,
We're going to be constructing a covered front porch on our latest project. We've committed to going green roof. Not only will it be aesthetically awesome, I'm hoping it outlasts asphalt shingles by...

Starting an Airbnb business can fun and exciting once you're up and running. But when you are first getting started it can be quite intimidating especially if you've never worked in real estate before. Knowing what to...

Hi all,I am a newbie in real estate and getting to learn from BP. I live in the bay area, CA (on rent) with my family. Home prices here are so high, more so in good school districts, I cannot afford (my be I do not wa...

Let me begin by stating I know deep down inside my dad is ridiculously proud of me and wants me to reach my dreams and potentials, but in light of a freak flood last summer that destroyed their home I can't h...

I have a unit in a duplex (in Texas) that's occupied by long term tenants that were there when I purchased the property.  They are an elderly couple and the husband is handicapped.  He can walk with a walker, but it's...