Matthew Mucker
Where does the 50% rule come from?
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...
Denny Moody
BP, help me pick a city for Buy and Hold!
Hey BP,I live in San Diego, CA and would like to invest out of state. I like the idea of investing OOS because it means my investments will have to be passive and it gives me the whole country to choose from. The down...
Terry Sutherland
too good of a deal? hard money
I didn't realize there was a such thing as too good of a deal , until I contacted a hard money lender , and a credit union . Basically I found a great deal. House valued at 120,000 (tax assessment) .The home is a 3/2....
Robert Willard
Is the shine wearing off on STR's?
I have been lurking around this site for a couple of years now. In 2020 my wife and I were seriously considering doing a STR. We picked Nashville as the market we wanted to pursue. Long story short, the market was ...
Isiah Ferguson
The upside of D class neighborhoods ?????
Hey, BP family. I've notice as a new investor that it seem like everyone is trying too avoid D class hood. I hear a lot of negativity about it. Is their any upside with theses neighborhoods ? What's on the positive en...
Kee Lee
Tenant claims sickness due to Mold
Hi If anyone can give some adviceAbout 8 months ago in June 2023, tenant complained of water leakage in one of the rooms, I sent my handyman to take a look and looks like the HVAC air filter was completely blocked, it...
Jay M.
Anyone out there have experience with ABC Capital Investments in Philadelphia, PA for turnkey properties?
I was thinking about investing with them and was wondering if anyone of you out there had any experience with them.Thanks,Jay
Calus Glispie
Deal turned down bc of my “$1” earnest money..
So one of my deals I’m working on took me a while to get in contact with the owner but after following up we spoke and agreed on a price. i emailed him the contract and he said he didn’t like the dollar amount for the...
Rich Weese
Update on Building home instead of rehabbing for profit.
This is just an update to a previous thread. Here are the results on the first home completed and sold. The property referred to on the Golf Course has closed. Lot was actually bought for $39,145. The sales price was ...
Francois G.
Convince Me Why Buying All Cash Is Beneficial
Hey Guys,The name of the game has always been leverage for me. Building wealth can absolutely be accomplished by using credit, OPM, etc. Every now and then, I come across that investor who buys his properties all cash...