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...
My partner and I went out to lunch with one of our agents who sold us 2 buildings last year. He asked how much do we cash-flow on the buildings? We looked at each other and said we didn't know. You've gotta be kiddi...
A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
I know there are many people who like to get their feet wet with turnkey, but does anyone actually own ALL turnkeys? Does anyone own 30 turnkey properties? Can anyone actually speak up that owns nothing but turnkey an...
Please read my post before answering willy nilly, but I was wondering why is everyone here so against paying for real estate educational information?
I will preface to say that there are quite a few hucksters...
Ok so I was having this debate with a local landlord and I’d like to hear your opinion…. You charge $25 for your application fee. You show the house to a nice couple and they want to apply but they don’t speak, read o...
It would be great to actually hear from people renting in the LA metro area regarding the affordability issues, income keeping pace with investor projected rent growth rates and trend in housing prices. Renters feeli...
Hey there guys!We forwarded 3700$ balance due to our former tenant, however most likely tenant won't pay as he mentioned on the phone he will be filing for bankruptcy. Our property is located in Lubbock, TX and tenant...
Maybe some guru has been advertising heavily on late night tv or something but to me it seems like there are A LOT of new people trying to wholesale. They have been told they can make RE riches despite having no mone...
I'm wondering if we're really making money. Not a rhetorical question, but would like genuine feedback. Here's the scenario. I want to live off of cash flow so I buy a lot of SFR. I then currently make about 550 cash ...