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Results (8154)
Will Barnard Validate the 50% rule
11 February 2016 | 141 replies

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...

Joseph Fenner How do I buy 10 rental properties in 1 year?
30 October 2024 | 94 replies

My goal is to acquire 167 rental properties in 5 years generating $500/month on average. 
Im starting my first year and am planning to buy 10 properties in 1 year. I’ll have $50K saved and $8,000 in credit lines. 
M...

William C. Agent is “wholesaling” property on MLS
20 March 2019 | 115 replies

Wow, this one is a doozy. In all of my 10 years I have never seen anything like it.Friday a client of mine discovered a property for sale that he has had his eye on for almost 4 years. Back then, it was listed for $...

Melonie Dickson Agent wants to waive inspection contingency. Yay or Nay?
2 October 2018 | 94 replies

Hi bp. Putting an offer in on a property that may be getting multiple offers. My agent wants to waive inspection contingency. This is my first time buying a property and going through these Steps. Is this common? Is t...

Account Closed Please 'splain it to me like I'm 12 years old.
2 December 2008 | 46 replies

I do not wish to criticize, but I have found the Norris Group's postings (here and elsewhere on the Internet) to be long on theory and short on detail. It was claimed at another board that lenders exist for end buyer...

Travis Elliott 50 % RULE DEFUNCT IN SOUTH DAKOTA...
30 November 2009 | 61 replies

I am trying and trying to subsribe to the 50 % rule but am unable to do so. I live in a small town most of the year and the Black Hills arent hit as much as the rest of the nation. Houses listed here arent selling l...

Joshua Dorkin What decisions do investors need to make to do their first deal?
20 October 2016 | 76 replies

Hey Guys -I was hoping for your feedback on a process question we've been pondering.What decisions do you believe an individual needs to make in order to close their first deal?I'd love to hear your thoughts on those ...

Joel Case VA with no money down getting beat by all cash offers
10 August 2022 | 66 replies

My wife and I are approved for a VA loan to owner occupy a property up to $500k but I am losing out to all cash offers. Work history is over 3 years on my job, 10 on hers for the same doctor, my credit score is a 720 ...

Joshua Berube building a fourplex as my first deal. trial by fire.
19 March 2023 | 54 replies

Well, as the title says I am going to try an build a fourplex. And its my first deal. This will be my diary. Come hell or high water, you will have a front row seat.Before we get into the deal, understand that I am go...

Lindsey Simpson Lease Option 101: How Does it Work?
2 January 2019 | 49 replies

I don't fully understand lease options and would like help doing so. How can utilize them to gain steady cash flow? Thanks in advance for your help!