Mark Beekman
Operating Expenses Estimate Too High?
When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
Kenny Simpson
Buyers market or housing CRASH?
WOW, it is crazy how divided articles, economist, housing experts and the media are so split on this TOPIC? I am seeing people that I know or follow that study data say "it is a buyers market". I am also seeing arti...
Will Barnard
Validate the 50% rule
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Michael Zuber
I see 18-36 Months of more Price Appreciation. You?
So I think the good news around real estate is only going to continue for some time to come. I believe we could see 5%-10% appreciation between now and 18-36 months on a national level and much more in local markets ...
Mike Savage
too much equity in rentals??
So i've been traveling a lot and thinking about significant equity in our properties while on the road. Since the Portland market has been on fire and we've owned 4 properties for 10 plus years we have some very nice...
Sean Lemon
Has anyone used The “flip system” by the Martels?
Looking for some first hand experience about this program. As someone who works long hours and shift work, I love the idea of someone else vetting the deals for me. The hardest part for me is finding the time to locat...
HAILEY ERSKINE
Unemployed with 80k burning a hole in my pocket
Hi,I'm a single mom with a six month old baby. I have 80-100k of equity in my house I can easily pull out. My plan is to stay home with my child to raise her. I can't get a new mortgage being I am currently unemploye...
Account Closed
Working from Home: Where will the World Go?
Living in a new age of people working and learning from home!I recently listened to the BP Podcast episode 380 (Go check it out!), and they brought up an interesting point. Many people are working from home, so I'm cu...
Daniel Miller
how to deal with multiple applicants??
I'm preparing to rent out a 1977 sqft house in San Jose, target price $3300; the property has many valuable amenities, so I'm probably pricing a bit low, I think. I'm pondering questions to include on my pre-filter e...
Kyle Davis
Partnership/Ownership Help for Hotel
Help BP members!I'm proceeding with my first large commercial project (building a new hotel) and working on finding investors/partners.Here's the deal:The all-in cost for the project is $4,000,000. The local bank wan...