Pete Edmonson
Analyzing a 50-unit apartment- "The 1% Rule" ?
I have an opportunity to purchase a 50 unit apartment, along with 7 other SFR properties (14 doors total for those) from a retired old-school RE investor. He keeps telling me that he used to buy his properties using t...
Dawn Curry
How much do you need to retire?
I get markets, lifestyles and goals differ.. but how much passive income do you need coming in to walk away from your full time job?
We all are ambitious if we’re on BP.. so what are your goals? What is the line whe...
Account Closed
Vice President Harris Announces Economic Agenda
Vice President Harris is expected to announce her plans at a rally on Friday. According to Forbes, it will focus on creating more affordable housing. Some of the finer points that I can see are $25,000 in down payment...
J. Martin
Using range of expenses in your profit / ROE estimates?
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
John Bernabel
Lost My Job! Any advice?
Well, its been an interesting few days. I lost my job Thursday. Id appreciate any advice. I figured Monday would be the best day since 9-5'ers are at their desk probably sneaking onto BP or full time investors are con...
Mike Gennaro
Starting an RV Park: How much is an on site sewage treatment plant?
Hey there BP community,
I'm obtaining quotes to develop an RV park, and I want to know how much should we expect to pay for an on site sewage treatment plant.
Has anyone gone through this before with mo...
Dan Keefe
Clark Fulton triplex- WHAT AM I MISSING
Hey everyone,So my first prospective property is going to be a house hack via a triplex (205k) in the Clark Fulton area as close to Metro Hospital as can be without sitting in the ER waiting room.With my lenders quote...
Cynthia Oistad
Should we reduce rent if tenants sign extended lease?
Our Anchorage-based single family home tenants' lease is up in May 2020. They have indicated they are going to save up for a down payment on a new house and would like to rent two more years. Yay! They have asked i...
Kevin Geary
Do you own an investment property in Las Vegas, Nevada?
Hey BP family. I just wanted to give my two cents on the knock on effects of this very unique public health crisis on my local economy. I am a residential realtor here in Las Vegas & I have had multiple cancellati...
Joshua Dorkin
Bailouts Now Totaling $10.8 Trillion
This morning I heard a report on CNN and was blown away by the numbers.
The total amount that we've borrowed since 2008 in all the bailout plans so far amounts to a RIDICULOUS $10.8 TRILLION!
Check this page out for...