Thomas Bass
STR Costs Not Including Mortgage Each Month (Sevier County TN)
Hi, I am trying to put togetger a performa for an STR. What are your monthly costs outside Mortgage, would love to see numbers. I want to make sure I am not forgetting anything. This STR will be in Sevier County TN so...
Andre O.
Never thought I’d say this - But I will be Renting for a Year!
Currently living in South Florida. Love it here but looking to relocate to an area with a younger age demographic. Austin, TX is down 20-30% from peak asking prices and I don’t see it getting better with the current e...
Anna Shaver
Financial Plan to $100K yr income
This is uncharted territory for me. Am I on the right track?Goal: Generate $100k a year net income from rental real estate.Background: Currently own a few SFH’s and a condo from early 90’sI have long term W2 income,...
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...
Nate Smoyer
WCAP Financial Services -- can I trust them?
I just off my second call with WCAP Financial Services.
Long story short, the salesman become combative when I questioned their sources of funding. I requested multiple times to get an explanations and clarity of ser...
Tom V.
How I made almost a million dollars on my “first” house renovation
BackgroundI have learned a lot from people on the BiggerPockets boards and I wanted to offer some of my experience in the hope that someone else could find some useful information. I started following the real estate ...
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...
